Episodes

21h ago

Is this the year the real recession finally hits ? Could a new “land rush” spark a buying spree throughout the U.S. for coveted dirt that makes investors millions? And why is one type of rental property owner about to sell off their homes , ready to give you a sizable discount ? We’re still in the swing of prediction season, so this time, we’re giving you our boldest 2026 housing market predictions yet. We’re not talking mortgage rate predictions or home price predictions (we’ve already done that). This time, we’re sharing which real estate could take off or break down —and which could make savvy investors rich, if they’re able to buy the right deals. Some opportunities (like one we’re sharing today) only happen once in a decade , and we’re already getting the jump on them. Henry shares his insider secrets , noting that one specific type of rental is starting to hit the market as once-optimistic owners give up, opting to sell their properties without making a profit. This could be a huge opportunity to pick up homes in great shape and in solid markets at a discount. Dave talks about why this may be the year we finally get a recession and offers some cautious words of wisdom to everyone out there, as “chaos” might be in store . In This Episode We Cover A new land rush? The “opportunity” that is making investors buy the best-located dirt they can Airbnb owners give up : why your next rental property might be a failed short-term rental The “common person’s recession” that will have a massive impact on the economy New “ Big Beautiful Bill ” changes that could make some investors very rich The best year for new investors? Why 2026 could be the easiest time in years to invest in rental properties And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the On the Market Newsletter Find an Investor-Friendly Agent in Your Area On the Market 372 - New Recession Indicator Shows Americans Worse Off Than We Thought Dave's BiggerPockets Profile Henry's BiggerPockets Profile Kathy's BiggerPockets Profile Grab Dave’s Book, "Start with Strategy" Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://www.biggerpockets.com/blog/on-the-market-384 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

5d ago

The biggest announcement of last week’s Fed meeting had nothing to do with rate cuts . Instead, a quiet, mostly overlooked statement from the Federal Reserve could mean huge things for the economy, mortgage rates , and most importantly, the housing market. The mainstream seems to have missed it, focusing on the obvious news, but we’re breaking down the Fed’s new emergency tactic to stabilize the economy . What many thought would be a standard 0.25% rate-cut meeting was anything but. A fractured Fed , now split on rate cuts more than in prior years, has adopted a new tactic . Could this strategy be a return to a dangerous past—the days of “quantitative easing” (AKA money printing )? Or, does the Fed know what it’s doing, taking a more cautious approach than last time? We’ll break down the entire Fed story and share some crucial updates on housing inventory and affordability . Some markets are entering 2026 strong, with significantly lower inventory than pre-pandemic levels. Others could correct (or even crash) harder. Dave gives his opinion on which are which, sharing the markets that will thrive and the ones where home prices could dive . In This Episode We Cover The Fed’s new emergency measure designed to stabilize the economy and interest rates Money printing 2.0: Are we on a path back to dangerous quantitative easing? New rate cut forecast for 2026 and 2027 directly from the Fed The riskiest (and seemingly safest) real estate markets going into 2026 The most affordable city in the U.S ., and why it could thrive next year And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the On the Market Newsletter Find Investor-Friendly Lenders A New Fed Chairman is Coming Soon—Here’s What Their Potential Low-Rate Policy Will Mean For Investors Dave's BiggerPockets Profile Grab Dave’s Book, "Real Estate by the Numbers" Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠ ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-383 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Dec 16

This might be the easiest time to find real estate deals in years —and early signs suggest 2026 could be even better . The year is almost over, so today, we’re reviewing our favorite trends, tactics, and real estate investing strategies of 2025 . Plus, many of them will last well into 2026. These are the things that we’re focusing on next year, and there’s a lot of good news for investors . This is shaping up to be one of the easiest times in years to find profitable real estate deals. But we’re not just talking rentals—we share a “mailbox money” investment that’s still holding strong in 2025 (and could in 2026). Plus, Dave details a “slow” strategy that builds wealth with way less stress—one that both he and James are going all-in on. Tired of sharing your profits with the tax man? A massive tax benefit that returned this year will last into 2026 , and Kathy is ready to take full advantage of it. In This Episode We Cover Why 2026 could be one of the easiest times to find real estate deals in years Dave’s “slow” investing strategy is making (patient) investors rich into 2026 Don’t buy rentals! Be the bank instead with this strategy ( sizable passive income ) Best tax break ever? It’s back, and it’s here to stay through 2026 Good news for first-time homebuyers, investors, and the entire country! And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the On the Market Newsletter Find an Investor-Friendly Agent in Your Area BiggerPockets Real Estate 1172 - How to Do a “Slow BRRRR” in 2025 (Better Than BRRRR) Dave's BiggerPockets Profile Henry's BiggerPockets Profile James' BiggerPockets Profile Kathy's BiggerPockets Profile Grab Henry’s Book, "Real Estate Deal Maker" Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-382 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Dec 11

We’re only a week away from winter, but the housing market is heating back up . Demand is rising as savvy buyers know that lower prices peak during the holiday season. But one crucial cohort is nowhere to be found…and it could have damaging consequences for the housing market as a whole. We’re back with another headline episode, taking the biggest stories from the housing market and giving our takes so you can make the best investing decision possible. This winter is feeling warmer for housing as demand does what no one expects —increases during the seasonally slow period of the year. What’s causing it— lower rates, FOMO , or something else entirely? Remember when people in their 20s used to buy houses? Well…not anymore. The new first-time homebuyer age reached a worrying new high , one that many of us couldn’t even believe. DSCR loan defaults are starting to tick up , doubling from this time last year. Is this a bigger deal than many think, and could it bring discounted investment properties to the table? Finally, Dave shares a sneak peek at BiggerPockets’ newest investor survey , where investors share what they think is coming in 2026…and there’s a lot to be excited about. In This Episode We Cover The new median age of America’s first-time homebuyers (borderline alarming) Why housing demand is going up during the (traditionally) slowest time of the year Delinquencies rising for DSCR loans ? Why investors are defaulting twice as much as last year A year of optimism : surprising finds from BiggerPockets’ newest investor sentiment survey The #1 best strategy investors are betting on for 2026 And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the On the Market Newsletter Find Investor-Friendly Lenders BiggerPockets Real Estate 1210 - 2026 Home Price Predictions: The Correction Continues? Articles from Today’s Episode: Dave's BiggerPockets Profile Henry's BiggerPockets Profile James' BiggerPockets Profile Kathy's BiggerPockets Profile Grab the Book "Real Estate by the Numbers" Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-381 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Dec 9

Redfin just called it. The housing market will “reset” in 2026 …or at least it’ll be the start of it. Chen Zhao , head of economics research and a returning guest on the show, has 11 predictions she and her team have formulated for the 2026 housing market . A long, slow period of progress could be upon us, as buyers get what they’ve been asking for : better affordability , a more normal market, and the chance to own where there’s work. But what does this really mean? Will mortgage rates fall? Will home prices drop? We’re going through each of the 11 predictions with Chen, discussing prices, rates, rents, refinances, transaction volume, and even how AI could become the “matchmaker” for Americans looking for their first or next property. Make no mistake, this is good news for many, and could be just the start of a cycle that finally puts average Americans in the position to purchase a home. But, for real estate investors and landlords , there could be another big benefit coming in 2026, one that has a direct impact on your cash flow . In This Episode We Cover Redfin’s 2026 housing market predictions (prices, mortgage rates, and more!) The great “reset” that is coming for the housing market (it’s already begun) Rent growth returns? Struggling landlords could get some relief next year The best and worst real estate markets that Redfin is forecasting for 2026 The AI effect on real estate and why more buyers are using bots to find homes And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the On the Market Newsletter Find an Investor-Friendly Agent in Your Area Redfin’s 2026 Predictions: Welcome to The Great Housing Reset Dave's BiggerPockets Profile Grab Dave’s Book, "Real Estate by the Numbers" Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://www.biggerpockets.com/blog/on-the-market-380 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Dec 4

Stock prices are up, home prices are high, gold , silver , and bitcoin have all had major bull runs. But the average American is broke. This is the “K-shaped” economy. If you feel like it’s harder to get by and the barrier to entry to invest is rising, you’re not going crazy. We’re in a new economy—a “K-shaped” economy —where those who own assets see their net worth soar as the middle class and average Americans watch their bank accounts shrink. This is not the place Americans want to be in right now, and the delicate balance that holds up our entire economy could fall apart sooner than we think. Dave explains what a K-shaped economy is, how it could bleed into the housing market , and whether this feast-or-famine system can survive much longer. Plus, he’ll share a shocking statistic that shows just how hard things are for ordinary Americans , and how a tiny minority is holding up the entire economy . In This Episode We Cover A “K-shaped” economy explained , and why Americans feel broke as asset prices soar A shocking statistic that shows just how unstable the American economy is Housing market side effects and the surprising age of America’s first-time homebuyer The widening wealth gap making investing harder for everyday people The three things that are keeping the middle class struggling (and why it’s gotten worse) Tough times ahead? Why America’s economy may be riding on billionaires and bubbles And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the On the Market Newsletter Find an Investor-Friendly Agent in Your Area On The Market 372 - New Recession Indicator Shows Americans Worse Off Than We Thought Dave's BiggerPockets Profile Redfin Reports U.S. Luxury Home Prices Jump 5.5% in October, Triple the Pace of Non-Luxury Homes Grab the Book, "Recession-Proof Real Estate Investing" Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠ ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-379 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Dec 2

Years of housing market gains could be at risk , and it’s not because of mortgage rates, the Fed, or the US government…it’s because of sellers . Since 2022, we’ve seen housing inventory rise, home prices stabilize (and fall in many major markets), and affordability slightly improve for buyers (thanks to higher supply and lower demand). But now, a new wave of “delistings” could put the future of the housing market in jeopardy. Sellers are refusing to settle , and they’re walking away at the fastest pace in eight years. So, what’s next? A housing crash? A continued correction ? If the delistings continue, one scenario could come to fruition, and it’s not what buyers want to hear. Dave walks through the new delistings data in this episode and shares some startling statistics on just how bad things are for young Americans . If the next generation can’t buy or rent a home…what happens to the economy? In This Episode We Cover The “delisting” wave hitting an eight-year high and putting years of affordability gains at risk Correction or crash? Why sellers are far less desperate than most people think Markets with the most delistings and where inventory could start to reverse first Cracks in the US economy and the trouble that young Americans are in Lower rent growth for longer? What happens when college graduates CAN’T get a job (or rent an apartment/house)? And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the On the Market Newsletter Find an Investor-Friendly Agent in Your Area On the Market 372 - New Recession Indicator Shows Americans Worse Off Than We Thought Dave's BiggerPockets Profile Grab Dave’s Book, “Real Estate by the Numbers” Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠ ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-378 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Nov 27

The housing market is not going to crash tomorrow. It’s also not going to boom soon. We’re not in 2008, and we’re also not in 2020. We’re in a strange gray area, a zone that most Americans have never experienced before. We’re entering the “Great Stall.” And this could last for years. All data points to a new kind of housing market forming. But why, and why now? Is there any chance of a housing crash or home price explosion like before? Yes, but Dave is going to break down the odds of each scenario, plus what to do in the most likely scenario , while home prices stagnate and mortgage rates stay relatively high. If you want to take advantage of the “Great Stall,” so that when home prices do go back up you’ll profit, there are four things you need to do. We’ll break down each step so you can prepare and pounce on the investment property that makes your future self wealthy. The “Great Stall” is here, and when it’s over, millions of Americans will wish they had bought. In This Episode We Cover Crash, boom, or plateau? The most likely scenario for home prices over the next few years How to prepare for the “Great Stall” and take advantage of frozen home prices The “upsides” you must look for that could explode your wealth when appreciation returns Why you need to start going “ risk-off ” in your investing to protect your wealth What will finally cause home prices to rebound and Americans to get back into the market And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the On the Market Newsletter Find an Investor-Friendly Agent in Your Area On The Market 365 - This Housing Correction Could Last Years Dave's BiggerPockets Profile Build Your Investing Strategy BEFORE You Buy with "Start with Strategy" Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠ ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-377 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Nov 25

This could break the mortgage system as we know it. But, is it worth it? New “portable mortgages” have been floated by the Trump Administration and FHFA (Federal Housing Finance Agency), allowing homeowners to take their rock-bottom mortgage rates with them when they purchase a new home . The question is: will it work? We’re breaking down the likelihood of portable mortgages, how they currently work in countries like Canada , and the pros and cons for the average American. Most people are thinking about the upsides of a portable mortgage, but the downsides are equally severe. Would this really make sense in America? Dave is doing a deep dive into how the U.S. mortgage system works and whether new portable mortgages could break it, leading to the downfall of arguably the greatest home loan on the planet— the 30-year fixed-rate mortgage . Plus, how much more could it cost you to take out one of these portable loans? In This Episode We Cover Portable mortgages explained and how they actually work in countries like Canada How portable mortgages could “break” the fragile home loan system in the U.S. Pros and cons of portable mortgages that could help or hurt many Americans Increased fees , mortgage rates , and prepayment penalties ? Why nobody is talking about the side effects of portable mortgages Does Dave think this is a good idea? (strong opinion warning) And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the On the Market Newsletter Find Investor-Friendly Lenders On the Market 373 - Trump Floats 50-Year Mortgages: Cash Flow Boost or Affordability Illusion? Dave's BiggerPockets Profile Grab Dave’s Book, " Real Estate by the Numbers" Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠ ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-376 ⁠ ⁠⁠⁠ ⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠ Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Nov 20

What if you could transfer your 3% mortgage rate to a new property ? It could be possible in the near future. A new type of home loan would allow borrowers to move their mortgage rate when they sell and buy a new property, effectively ending the “ lock-in effect ” plaguing the housing market. Could a loan like this really come to fruition? We’re back on another headline episode , touching on real estate’s top stories that you need to hear to invest better than the masses. First, we’re talking about “portable mortgages,” another push for affordability from the Trump administration. You may be able to transfer your low rate…but for how long? Then, we touch on the real reason the housing market is stuck in purgatory, and the only way we’ll bounce back. Is this the fall of house flipping ? James goes public (front-page news!) with a six-figure loss and shares the truth about how hard it is to flip houses right now. Finally, we answer the question every 13-28-year-old is asking: Is Gen Z screwed? With a tanking job market, there’s only one way for them to survive… In This Episode We Cover New “portable” mortgage potential that could let you take your rate to a new home The fall of house flipping? Why even James is struggling to make a profit A shocking statistic about the average homeowner (why the housing market is stuck) No more trust funds: why “home inheritance” is becoming the new normal Gen Z can’t find jobs : here’s what they should be doing instead And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the On the Market Newsletter Find Investor-Friendly Lenders On the Market 373 - Trump Floats 50-Year Mortgages Headlines from Today’s Show: Dave's BiggerPockets Profile Henry's BiggerPockets Profile James' BiggerPockets Profile Kathy's BiggerPockets Profile Learn Flipping from the Pros with James’ Book, "The House Flipping Framework" Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠ ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-375 ⁠ ⁠⁠⁠ ⁠⁠⁠⁠⁠ Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Nov 18

Another year is nearly in the books. The 2025 housing market was largely defined by construction oversupply , sluggish rent growth , flat home prices , and widespread turbulence , with residential real estate moving far more slowly than anticipated and commercial real estate all but grinding to a halt. Yet it appears we’ve reached the bottom, and the silver lining is clear : real estate is still ripe with opportunity for investors who are willing to play the long game . Today, Brian Burke returns to the show to share where investors should be directing their attention in 2026 . Perhaps unsurprisingly, one asset class continues to deliver for investors who are intent on building long-term wealth with real estate . And Brian believes we may be entering a period that could mirror the early 1990s , where the wisest move is to slowly accumulate these assets before the next wave of appreciation . Slower rent growth might keep otherwise great assets from paying off in year one, but those who persevere through a “season of patience” stand to be rewarded when it really counts: 5 or 10 years from now. In This Episode We Cover Forecasting new construction , home prices , and mortgage rates in 2026 Why a period mirroring the early 1990s could be followed by a 2000s-style boom The roadmap for building generational wealth with small multifamily properties Why investors should focus on asset accumulation in a “season of patience” The asset Brian believes is the biggest “bright spot” in a tough housing market The benefits and potential dangers of the controversial 50-year mortgage And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the On the Market Newsletter Find Investor-Friendly Lenders 3 Steps to Buying Your First (or Next) Small Multifamily Property Dave's BiggerPockets Profile Brian's BiggerPockets Profile Pick Up " The Multifamily Millionaire, Vol I" Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠ ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-374 ⁠ ⁠⁠⁠ Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Nov 13

50-year mortgages could be coming sooner than we expected. This week, President Trump announced on social media the possibility of longer mortgage terms hitting the housing market. Extending the standard 30-year fixed-rate mortgage to 50 years will have massive implications for home prices , affordability , and cash flow for rental property investors. The question is: Will it actually happen? And if it does, how would these new mortgage rules affect your returns on real estate ? We did the math, comparing a 30-year mortgage vs. a 50-year mortgage to see which gives you bigger (total) returns and builds your wealth faster . The cash flow differences are notable and could mark significant improvements for landlords, but one drawback could be so great that investors turn away from this new mortgage entirely. Dave gives the pros and cons , shares what housing market experts are concerned about, and answers the question: Would he use a 50-year mortgage if given the option? In This Episode We Cover Trump’s new 50-year mortgage proposal that could change the housing market 30-year vs. 50-year mortgage returns on rental properties (cash flow, amortization , total returns) Why one outspoken housing expert is growing concerned about the support for 50-year mortgages One massive tradeoff that most Americans aren’t aware of when using a longer mortgage period Is a 50-year mortgage even…legal? What the current mortgage regulations say is and isn’t allowed And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the On the Market Newsletter Find Investor-Friendly Lenders Amortization in Real Estate: What It Is & How To Calculate It Dave's BiggerPockets Profile Run Your Rental Numbers with Dave’s Book, "Real Estate by the Numbers" Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠ ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-373 ⁠ Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Nov 11

The United States is on the brink of a recession , according to major multinational bank UBS . Meanwhile, America’s largest bank, JPMorgan Chase, says recession risk is only at 40% . Who’s right? Who’s wrong? We’re using a new recession indicator in this episode to reveal America’s real risk of sliding into another downturn. If it feels like your dollar doesn’t go as far as it used to and your salary is barely keeping up—you’re not imagining it. But according to official sources , America has only been in a recession for three months since the Great Financial Crisis . That can’t be right when it’s getting this hard to get by. That’s why, in this episode, Dave shares his new recession indicator, based on the average American’s finances , to measure the financial health of real Americans, not what corporate earnings reports suggest. Looking back, the economic data doesn’t fit the official narrative. And if you feel like you’ve been in a recession for years , you might be right. But you can still protect (and grow) your wealth while the economy falters. Are your investments keeping your real wealth afloat? In This Episode We Cover The new “recession indicator” that forecasts whether average Americans will struggle or not Recession predictions from top banks and whether we’re on the precipice of a crisis Why the standard definition of a “recession” is wrong and ignores average Americans The alarming statistic that shows just how much of your spending power has been eaten away How to recession-proof your finances and invest so you can weather economic storms And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the On the Market Newsletter Find an Investor-Friendly Agent in Your Area BiggerPockets Real Estate 1119 - How to Invest in Real Estate During a Recession (2025 Update) Dave's BiggerPockets Profile Major bank issues warning that there’s a 93% chance of a recession in the US this year JPMorgan Chase: The probability of a recession has fallen to 40% Buy the Book, "Recession-Proof Real Estate Investing" Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠ ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-372 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Nov 6

The housing market is seeing a (surprisingly) positive trend . Yes, even with all those YouTube channels showing you “empty” houses, it seems that homebuyers , especially millennials, are getting back into the game . This is excellent news for agents , lenders, title companies, sellers, and flippers. So, what’s the “positive” trend we’re seeing? We’re back with another headline episode to get you up to date on the housing market in just around half an hour. First, new data points to housing demand increasing as mortgage rates stay away from their 7%+ highs. Is there a path to 5% interest rates in the near future? Yes, but the road to it won’t be pretty. Here’s what would have to happen for us to get there. Can you guess the top 10 cities with the largest price drops in the US? We’re sharing the complete list in this episode, with some surprising cities near the top. Finally, we’ll discuss the massive layoffs from tech , including Amazon’s recent firing of over 10,000 well-paid employees. If you live in an area where these layoffs are happening, the market could see a noticeable shift . In This Episode We Cover Why housing demand is actually going up while economic optimism is going down A 5% interest rate future? What actually has to happen for us to get there The top 10 United States cities seeing the most significant price drops Why James is preparing for layoffs ASAP and tweaking his investing strategy as jobs get cut Money printing…again? The dangerous door that’s opening for quantitative easing And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Grab Dave’s Book, "Start with Strategy" Sign Up for the On the Market Newsletter Find Investor-Friendly Lenders BiggerPockets Real Estate 1191 - Home Prices Could “Stall” for Years Articles from Today's Show: HousingWire: Housing demand now reflects a positive trend ResiClub: Bank of America: Path to 5% mortgage rates if 'the Fed does MBS quantitative easing' Yahoo Finance: When will housing prices drop? Costs have already decreased in some major metro areas. Yahoo Finance: Layoffs hit Amazon, UPS, Target, and more — what's fueling the cuts Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠ ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-371 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Nov 4

The Fed cuts rates , and mortgage rates go up. Then they do it again, and rates…go back up. How does this keep happening? Has the Fed lost complete control over mortgage rates ? The Fed has now cut rates twice in 2025, and we’re hovering around the same (if not slightly higher) mortgage rates as before the first cut. After last week’s rate cut announcement , investors were surprised to see that mortgages—once again—got even more expensive . But it’s not because of what the Fed did—it was because of what they said, potentially foreshadowing a slower, longer path back to 5% mortgage rates . Dave is on to explain why mortgage rates moved in the opposite direction , why we could be stuck with higher mortgage rates for longer, and the two things that need to happen for mortgage rates to break back into the 5% range. Plus, he’ll share three realistic scenarios that could cause rates to move in different directions and what could trigger each. In This Episode We Cover The Fed meeting announcement explained and why mortgage rates went up The real reason why we’re not seeing mortgage rates fall below 6% Alarming corporate layoffs and whether this is a warning sign for the entire economy Some good/bad news about inflation and the cities that are faring the worst Three likely mortgage rate scenarios that could send rates in different directions, without the Fed making moves And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Grab Dave’s Book, Real Estate by the Numbers Sign Up for the On the Market Newsletter Find an Investor-Friendly Agent in Your Area BiggerPockets Real Estate 1194 - Don’t Bet on the Fed: What Investors Need to Do Now as Rates Rise Again Find Investor-Friendly Lenders Property Manager Finder Dave's BiggerPockets Profile Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠ ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-370 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 30

The national housing correction is here but your results will be decided locally. Some markets are cooling gently, others are slipping fast, and a few affordable metros are still running warm. So where does that leave buy-and-hold, flips, STRs, and BRRRRs? We map the dramatic regional split, Midwest/Northeast steadier, Gulf Coast/Texas under pressure, and show how to match your strategy to on-the-ground realities like inventory, rent growth, and affordability. You’ll hear why “flat prices + rising rents” can be a green light for cash flow, when to take a calculated swing in oversold-but-strong-fundamentals cities (think Austin/Nashville/Dallas), and where supply and insurance costs are pushing deeper discounts (hello, Florida). We also dig into metro-level forecasts into 2026 and why your underwriting should look different in Milwaukee than in Miami. In This Episode We Cover Local > national: why the same correction looks totally different by region and price tier Affordability & supply: the two signals driving winners and laggards (and how to measure both) Hottest vs. coolest markets: where buyers have leverage and where demand still pops Rents vs. prices: pairing flat/declining prices with rising rents to improve cash flow Risk-on vs. risk-off playbooks: conservative buy boxes vs. opportunistic dips in strong cities Flipping in a slowdown: wider spreads, longer days-on-market, how to price and pace Forecasts into 2026: what recent metro projections imply for your next 3 - 12 months of deals Hold or sell? Handling “paper losses,” market selection, and underwriting for a slower cycle Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Find Investor-Friendly Lenders Property Manager Finder Dave's BiggerPockets Profile Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠ ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-369 ⁠ Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 28

Discover how a new era of real estate investing could benefit you! In this episode, Doug Brien, CEO of Roofstock, joins the discussion to uncover the evolving dynamics in the housing market. Learn why new construction, once considered a riskier bet, is now an exciting opportunity due to adjusted interest rates and surplus supply. Doug dives deep into the intricacies of institutional single-family home investing, sharing insights on why market fundamentals—like housing demand and supply shortages—make single-family rentals a savvy choice. Curious about where savvy investors are putting their capital? Tune in to discover how you can leverage these market shifts to enhance your real estate strategy. Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Find Investor-Friendly Lenders Property Manager Finder Dave's BiggerPockets Profile Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠ ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-368 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 23

Are you ready to navigate this real estate market correction? While some experts argue whether we're in a crash or a correction, our hosts explore practical strategies to adapt and thrive. Discover how you can make profitable decisions during these times of stagnant or slightly declining housing prices. With insights from real estate pros Kathy Fettke and Henry Washington, learn how they are adjusting their investing strategies to cope with changing interest rates and housing prices. Whether you're recalibrating expectations or exploring opportunities in less conventional markets, this episode offers valuable perspectives to help you ride out the correction and capitalize on long-term wealth building. Tune in to equip yourself with frameworks that withstand the test of fluctuating mortgage and interest rates! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Find Investor-Friendly Lenders Property Manager Finder Dave's BiggerPockets Profile Henry's BiggerPockets Profile Kathy's BiggerPockets Profile Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠ ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-367 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 21

Feeling anxious about the housing market? You're not alone. Recent data show that U.S. cancellation rates for property deals have reached a record high this year, with buyers taking advantage of more moderate conditions to re-evaluate their options. With a projected 10-year increase in housing prices by about 23.5%, experts suggest we may finally be heading towards a more stable market environment, where traditional investment strategies like securing great assets at fair prices could truly shine. Curious about how real estate fraud could impact investors as the market evolves? We’ll also explore rising cases of fraud and the steps you can take to protect yourself. Dive into this episode as we unravel the complexities of short-term housing trends and long-term predictions, while maintaining a proactive approach to safeguarding your investments. Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Find Investor-Friendly Lenders Property Manager Finder Dave's BiggerPockets Profile Henry's BiggerPockets Profile James' BiggerPockets Profile Kathy's BiggerPockets Profile Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠ ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-366 ⁠ Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 16

The headlines say “slowdown,” but let’s call it what it is: a housing correction. Prices (in real terms) are slipping, days-on-market is stretching, and cooling is broadening across regions and price tiers. What does that actually mean for buyers, sellers, and investors and how is a correction different from a crash? We unpack the data, define the terms, and show you how to play offense without taking on unnecessary risk. We break down nominal vs. real prices (and why inflation math matters), why widespread cooling doesn’t equal panic, and the key forces restoring affordability: rates, wages, and prices. Plus, how long a typical correction lasts, why “forced selling” is the real crash trigger (and why we’re not there), and what to do if your on-paper values dip. Finally, we get tactical: tightening your buy box, underwriting with flat rents and conservative appreciation, negotiating in a slower market, and deciding when to hold vs. sell, so you’re positioned for the next expansion, not paralyzed by the current stall. In This Episode We Cover Correction vs. crash: clear definitions, real-world thresholds, and why speed + depth matter Nominal vs. real prices: how inflation turns “up 2%” into a true decline The cooling map: regions and price tiers that are slipping and which are merely slowing Why inventory is rising (but not flooding) and why low delinquencies keep this a correction How long corrections typically last and what could shorten or extend this one Playbook for 2025–26: precise buy boxes, conservative underwriting, better negotiations, and handling “paper losses” without panicking Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Find Investor-Friendly Lenders Property Manager Finder Dave's BiggerPockets Profile Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠ ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-365 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 14

The market is sending mixed signals, so what does that mean for buyers and sellers right now? Prices are cooling toward neutral, new listings are finally creeping up, pending sales just slipped, and days on market are the longest since 2019. We sort through the latest data so you can read your local market with clear eyes. A government shutdown is already touching housing. With the National Flood Insurance Program paused, some coastal and riverine deals are stalling as buyers struggle to bind coverage. We explain one potential workaround by assigning an existing policy, plus how many closings could be delayed if the lapse drags on. Zooming out, we track fresh signs of consumer strain. Subprime auto delinquencies are at a record, average car payments now top 750 dollars a month, and sentiment has split sharply between households with big stock portfolios and those without. Several states are flirting with recession risk, which could tug mortgage rates lower, while sticky inflation could keep them pinned. In This Episode We Cover Cooling home prices, rising days on market, and what a near-flat Case-Shiller trend means for offers and list strategy The shutdown’s housing ripple effects, including the flood insurance lapse and an assignment tactic that may keep deals alive Why pending sales dipped even as new listings rose, and how to negotiate in a thinner buyer pool Auto loan stress, four-figure car payments, and what these budget pressures mean for future housing demand A tale of two consumers, plus a state-by-state look at recession risk and how that feeds into mortgage rates Action steps for buyers, sellers, and investors in a market that is cooling, not crashing Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Find Investor-Friendly Lenders Property Manager Finder Dave's BiggerPockets Profile Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠ ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-364 ⁠ Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 9

We can definitively say it now: the buyer’s market is here. The housing market is cooling down , but the deals are heating up as a “mild” correction slows down hot markets and gives buyers even more power in cold ones. With it comes buying opportunities —ones that real estate investors have been starved of over the past few years. You can negotiate for more, offer less, and lock in a lower mortgage rate than last year. The question is: will this correction turn into a full-blown housing crash ? Dave’s giving you his honest (and data-backed) opinion in this September 2025 housing market update ! Mortgage delinquencies are rising rapidly in one subset of the market, the crash-bro clickbaiters say it’s a sign of a coming housing apocalypse—are they finally right about something? One thing is certain: a few housing markets across the US are in danger of slipping into an even more oversupplied market. But, with new data showing that sellers are quitting and walking away , will this reverse the worrying trend? Stick around, we’ve got your housing market update without the hype. In This Episode We Cover The “mild” housing market correction : what it means and whether it’ll become a crash Updated home price predictions and how much prices will rise/fall by the end of the year Signs that you can start confidently bidding under asking price (but by how much?) Why inventory is beginning to reverse (have sellers finally had enough?) Mortgage delinquencies are rising : who’s affected and could it lead to foreclosures ? What investors should do now to prepare to buy discounted deals (be patient!) And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the BiggerPockets Real Estate Newsletter Find an Investor-Friendly Agent in Your Area Dave's BiggerPockets Profile BiggerPockets Real Estate 118 - Data Says It’s a Buyer’s Market: Here’s Where the Most Opportunity Is Grab Dave’s Book, "Start with Strategy" Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠ ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-363 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 7

What are the repercussions of October 1st on the housing market? Dive into the recent shifts that may impact real estate investing and the broader housing market landscape. With the imposition of new tariffs on construction materials, stirring concerns about rising costs, alongside a federal government shutdown complicating the economic outlook, how will these factors play out in the current market scene? Explore the nuances of how these events intersect with flood insurance policy lapses and the phasing out of COVID-era FHA loan modifications. Each of these elements could influence mortgage rates and housing affordability, shaping investor strategies moving forward. Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Find Investor-Friendly Lenders Property Manager Finder Dave's BiggerPockets Profile Henry's BiggerPockets Profile Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-362 ⁠ ⁠⁠⁠ Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 2

Is the new construction market the golden ticket for real estate investors in 2025? With newly built homes now cheaper than existing ones, thanks to regional pricing differences, builders' incentives, and a desire to move inventory quickly, this could be an unexpected opportunity for savvy investors. In this episode, Dave Meyer explores why new construction is suddenly appealing, how mortgage rates and home prices are shaping this trend, and what investors need to consider when diving into this market. Are you ready to explore the potential in this unique turn of events in the housing market? Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Find Investor-Friendly Lenders Property Manager Finder Dave's BiggerPockets Profile Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-361 ⁠ Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 30

Is a recession really coming, or is this the new normal for the housing market? Dave Meyer and J Scott unpack how post-2008 shifts, record debt and money printing, tariffs, and AI are changing the rules, then connect inflation and the labor market to mortgage rates and interest rates so you can gauge what moves them next. You will get a risk-off playbook for today’s deals, including conservative underwriting, assuming flatter rents and higher vacancy, buying at today’s rates, and favoring fixed-rate debt, plus why single-family housing prices are usually resilient outside of severe shocks. Their housing market prediction and forecast: expect mostly stable home prices with modest moves while mortgage rates hover near current levels, with bigger swings only if jobs crack hard or inflation reaccelerates. Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Find Investor-Friendly Lenders Property Manager Finder Dave's BiggerPockets Profile Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠ ⁠⁠⁠ https://www.biggerpockets.com/blog/on-the-market-360 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 25

Fed cut rates for the first time in nine months, yet mortgage rates climbed again, so Dave breaks down why and what happens next for the housing market. He explains that the Fed funds rate mainly moves short-term interest rates, while long-term lending tracks the 10-year Treasury and risk spreads, with inflation risk keeping mortgage rates stubborn. His housing market prediction and forecast: expect mortgage rates to hover in the low to mid sixes through 2025, meaning tight affordability and mostly stable home prices, while commercial real estate could benefit more due to shorter-term debt structures. Takeaways for investors include underwriting deals at today’s rates, tracking inflation and labor data, and preparing for steady transaction gains rather than a rapid drop in interest rates or a surge in housing prices. Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Find Investor-Friendly Lenders Property Manager Finder Dave's BiggerPockets Profile Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠ ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-359 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 23

Fed rate drop, refinance rush, and a land price reset: what does it mean for the housing market now. Henry Washington, Kathy, and James explain why refinance applications jumped roughly 30 percent after 30-year mortgage rates slipped near 6.39 percent, how today’s ARMs actually work, and why locking a refi now can beat waiting for future interest rates to fall. They outline a practical housing market prediction and forecast, expecting more transactions rather than a surge in home prices or housing prices, plus timing tips for listing into the spring when buyer activity historically rises. You will also get a reality check on the “great wealth transfer” and reverse mortgages, along with a land strategy playbook for a potential price decline, from targeting big-lot houses and infill splits to using seller financing to create equity and cash flow. Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Find Investor-Friendly Lenders Property Manager Finder Henry's BiggerPockets Profile James' BiggerPockets Profile Kathy's BiggerPockets Profile Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠ ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-358 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 18

Is the labor market finally cracking, and what does that mean for the housing market? Dave Meyer distills the latest BLS and ADP payrolls, JOLTS, and unemployment data, from August’s 22,000 nonfarm payroll gain and a 4.3% jobless rate to a 900,000 downward revision and a spike in initial claims, to show a clear cooling trend. He explains why a softer labor market raises the odds of Fed cuts yet inflation keeps pressure on interest rates, so mortgage rates may ease only modestly, boosting transaction volume more than home prices or housing prices. You will hear practical plays for real estate investors, including watching local job numbers, prioritizing tenant retention and collections, and considering refinances if you hold 7 to 8 percent loans, plus how markets like Las Vegas and San Francisco may diverge. Dave’s housing market prediction and forecast: a soft but functioning market with cautious upside, where housing prices stabilize and conservative underwriting wins until clearer trends emerge. Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Find Investor-Friendly Lenders Property Manager Finder Dave's BiggerPockets Profile Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠ ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-357 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 16

Is this a housing market correction or a crash? Dave Meyer and ICE’s Andy Walden unpack the Mortgage Monitor: nominal home prices are up about 1.1% year over year, but real housing prices are negative; sellers are stepping back, inventory gains are cooling, and demand still tracks mortgage rates and interest rates, which points to a soft but functioning housing market. You’ll hear the regional story in Denver, Florida, and Texas, why FHA delinquencies are inching up while 2020 to 2021 loans perform well, and how soaring property insurance is squeezing affordability and debt to income ratios. Plus, a housing market prediction/forecast: if mortgage rates land in the low sixes (around 6.25% by year end), expect firmer home prices rather than a COVID era surge. Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Find Investor-Friendly Lenders Property Manager Finder Dave's BiggerPockets Profile Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠ ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-356 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 11

Will the housing market surge for the next 25 years, or is the silver tsunami overblown? In this episode, the hosts of "On The Market" delve into the potential impacts of an $84 trillion wealth transfer on the real estate landscape. As millennials stand to inherit significant sums, will this money flow into real estate, and could it shake up the housing market? As they explore these trends, they also weigh in on the ongoing debate: will aging boomers lead to a market crash or a boom? Tune in to find out how interest rates, mortgage rates, and housing prices may evolve in the coming years. Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Find Investor-Friendly Lenders Property Manager Finder Dave's BiggerPockets Profile Henry's BiggerPockets Profile James' BiggerPockets Profile Kathy's BiggerPockets Profile Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠ ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-355 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 9

Are current market conditions making real estate a risky investment? This episode of "On the Market" with Dave Meyer dives into the recent warnings from the investment icon Ray Dalio, who advises against real estate investments due to factors like interest rate sensitivity, ease of taxation, and illiquidity. Meyer explores the potential implications for real estate investors and unpacks Dalio's unique perspective on the national debt and long-term debt cycles. How might these economic factors shape the housing market and mortgage rates in the coming months, and should real estate still be considered a stable asset amidst uncertainty? Discover the nuances of hedging risks and positioning your portfolio to weather potential economic storms. Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Find Investor-Friendly Lenders Property Manager Finder Dave's BiggerPockets Profile Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-354 ⁠ ⁠⁠⁠ Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 4

Are you worried that real estate investors are skewing the housing market? In this episode of On the Market, host Dave Meyer and guest expert Rick Sharga dive into the complexities behind investor activities in the housing realm. Discover how investor behavior has shaped the current market landscape, influencing housing prices and inventory. Contrary to some beliefs, small investors play a critical role by fueling market liquidity rather than causing housing prices to spike. Listen in as they unravel how mortgage rates, housing market forecasts, and affordability trends will unfold over the next couple of years. As we tread through this transitional period, the housing market could remain lukewarm for a while longer. Are we on the verge of a 'great stall' or just a balanced market correction? Tune in to find out! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Find Investor-Friendly Lenders Property Manager Finder Dave's BiggerPockets Profile Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-353 ⁠ Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 1

The housing market is already predicted to see price cuts by the end of the year, but is now the time to buy, or should you wait for further price movement? We brought on an investor who has successfully timed the housing market (three times) to give his thoughts on whether we’re at the bottom or we have a long way to go. If you’ve been holding out for lower home prices and less competition, should you take the risk and wait , knowing a rebound could be on the way? Through a combination of genius and a bit of luck, Brian Burke has sold, bought, and sold at the right times repeatedly. He exited the majority of his real estate portfolio in the early 2020s as prices hit all-time highs and competition was fierce. For the last three and a half years, he hadn’t bought anything, up until very recently. Is this a signal that now is the time to buy? Today, we’re asking Brian whether 2025 is the right time to buy (and for which assets), how to get in “position” to make a profit as home prices decline, the sellers most likely to give you concessions and further price cuts , and signs YOU should sell your headache rental and trade it for something better. The second half of 2025 could be when the scales tip —are you ready to make a move? Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Grab Brian’s Book, “The Hands-Off Investor" Find an Investor-Friendly Agent in Your Area Find Investor-Friendly Lenders Property Manager Finder Dave's BiggerPockets Profile BiggerPockets Real Estate 1100 - The Ultimate Underrated Rental Property of 2025 (for Small Investors) w/Brian Burke Brian's BiggerPockets Profile Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ https://www.biggerpockets.com/blog/on-the-market-352 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Aug 28

Is the “long fizzle” the housing market’s next chapter? With mortgage rates still high and interest rates keeping cash parked in T-bills, many buyers are sidelined, pointing to a housing market prediction of flat home prices in nominal terms and falling housing prices after inflation. Dave and analyst Nick Maggiulli connect today’s risk-on/risk-off behavior back to housing and outline three paths: melt-up followed by a correction, a long fizzle, or a supply-driven drop that’s least likely. Nick also shares a practical playbook so you can position for any housing market forecast, focus on income growth, keep investing steadily, and aim for “doubles” in real estate while protecting your downside. Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Find Investor-Friendly Lenders Property Manager Finder Dave's BiggerPockets Profile Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠ ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-351 ⁠⁠⁠ Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Aug 25

Are property taxes actually illegal theft from homeowners? This episode dives deep into the growing chorus of Americans claiming property taxes violate constitutional property rights, examining two main legal arguments: the "no true ownership" theory, and possible Fifth Amendment violations. These arguments are gaining steam in several states, but are they legally valid? On The Market host Dave Meyer explores that question, plus how rising home prices are driving property tax reform movements across states like Florida, Ohio, and Pennsylvania, potentially reshaping the housing market by reducing ownership costs and affecting home prices, mortgage affordability, and regional migration patterns. Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Find Investor-Friendly Lenders Property Manager Finder Dave's BiggerPockets Profile Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠ ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-350 ⁠ Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Aug 21

Are real estate investors finally finding cash flow opportunities again after years of struggle? In this episode of On the Market, expert investors Dave Meyer, Kathy Fettke, James Dainard, and Henry Washington reveal four game-changing housing market trends they're seeing right now. These include new construction beating fix-and-flip returns and off-market deals becoming more common as inventory stacks up. Discover why cash flow is actually returning to stabilized rental properties and how smart investors are navigating today's shifting mortgage rates, housing prices, and market conditions to build profitable portfolios. Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Find Investor-Friendly Lenders Property Manager Finder Dave's BiggerPockets Profile Henry's BiggerPockets Profile James' BiggerPockets Profile Kathy's BiggerPockets Profile Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠ ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-349 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Aug 18

Is chasing hot markets like Austin and Nashville actually hurting your long-term wealth building? In this episode, Dave Meyer and Kathy Fettke dive deep into a heated BiggerPockets forums debate about whether low-appreciation, high-cashflow markets like Cleveland and Memphis can grow your net worth faster than trendy appreciation markets. They reveal why the "slow and steady" approach might not be the wealth-building winner you think it is, sharing real examples from Kathy's 30 years of investing across both market types. Dave and Kathy discuss the hidden costs of cashflow markets, why timing matters more than market type, and how to find the perfect hybrid markets that offer both appreciation potential and solid returns in today's challenging housing market conditions. Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Find Investor-Friendly Lenders Property Manager Finder Dave's BiggerPockets Profile Kathy's BiggerPockets Profile Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠ ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-348 ⁠ ⁠⁠⁠ Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Aug 14

With housing market conditions shifting dramatically from a seller's to buyer's market, real estate investors are facing a critical decision: should you buy more properties now, pay down existing mortgages, or wait for even better deals? In this episode, On The Market host Dave Meyer and expert panelists Kathy Fettke, James Dainard, and Henry Washington dive deep into current market opportunities, sharing specific examples of deals that weren't available just months ago and debating whether declining home prices and falling mortgage rates create the perfect storm for investors. Dave, Kathy, James and Henry reveal their contrasting strategies on leverage versus debt paydown, explore how interest rates impact investment decisions, and discusse why timing the housing market perfectly might be less important than having a clear investment plan with target returns. Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Find Investor-Friendly Lenders Property Manager Finder Dave's BiggerPockets Profile Henry's BiggerPockets Profile James' BiggerPockets Profile Kathy's BiggerPockets Profile Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠ ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-347 ⁠ Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Aug 12

Hosted by Dave Meyer, On the Market breaks down the most important economic, housing, and investing news, so you can make smarter, data-driven decisions. Whether you're an intermediate investor, an industry professional, or just a data nerd, this show helps you: Decode market shifts and investing trends Understand how the economy impacts your portfolio Hear directly from top experts and analysts Make confident, strategic investing moves If you're ready to go beyond beginner content and truly understand the "why" behind the headlines, On the Market is your next essential listen. Subscribe and get the edge real investors rely on. Learn more about your ad choices. Visit megaphone.fm/adchoices

Aug 11

Are we witnessing the beginning of a housing market crash, or is this just a healthy correction? With 42% of homes on the market having taken price reductions — the highest level in 12 years — host Dave Meyer sits down with Mike Simonsen, Chief Economist at Compass, to decode what these dramatic inventory changes really mean for investors and homebuyers. This episode reveals why rising inventory and falling prices don't automatically signal a market crash, and how current market dynamics are creating unprecedented buyer negotiating power for the first time in years. Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Find Investor-Friendly Lenders Property Manager Finder Dave's BiggerPockets Profile Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠ ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-346 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Aug 7

Could President Trump's battle with Jerome Powell and the Federal Reserve over interest rates actually lead to higher mortgage rates instead of the lower rates Trump is pushing for? On The Market host Dave Meyer explores how Trump's challenge to Fed independence might backfire (hint: bond investors don't like it) and the economy-wide implications for uncertain rates in the near future. This is a must-know topic for anyone accounting for future mortgage rates in their current investing strategy. Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Find Investor-Friendly Lenders Property Manager Finder Dave's BiggerPockets Profile Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-345 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Aug 4

Why are home prices finally falling? And how deep will the correction go? The number of large housing markets experiencing falling home prices has tripled since January 2025. ResiClub editor-in-chief Lance Lambert joins On The Market host Dave Meyer to break down why this widespread softening is happening now, how price dynamics are pushing more buyers toward new construction, and whether we've reached the bottom of the softening cycle. Lance also shares data on underwater mortgages and delinquency rates to forecast whether signs point toward a cyclical correction or a catastrophic crash. Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Find Investor-Friendly Lenders Property Manager Finder Dave's BiggerPockets Profile Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠ https://www.biggerpockets.com/blog/on-the-market-344 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jul 31

Dave Meyer and Kathy Fettke reveal their current real estate investment strategies, including the assets and markets they think will have the best values for the rest of 2025. Dave and Kathy emphasize the importance of securing fixed-rate financing in today's volatile interest rate environment, warning that commercial loans may be risky with uncertainty around the future of Fed independence and the rising national debt. Later in the episode, Dave explains why hard assets like real estate remain excellent hedges against potential currency devaluation, and how properties can turn inflationary environments into advantages for investors. Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Find Investor-Friendly Lenders Property Manager Finder Dave's BiggerPockets Profile Kathy's BiggerPockets Profile Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and https://www.biggerpockets.com/blog/on-the-market-343 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jul 28

Successfully navigating today's housing market requires understanding the trends creating both opportunities and risks for investors. But what if varying data points in different directions? While the national average home price hit a new record high, prices in more than one third of major U.S. housing markets are now declining, particularly in Florida and Texas where some areas face crash-level drops. Meanwhile, new construction starts are slowing as builder confidence erodes and contract cancellations have reached 15%, signaling a shift toward buyer leverage. Host Dave Meyer breaks down what these mixed housing market signals mean for real estate investors on this episode of On The Market. Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Find Investor-Friendly Lenders Property Manager Finder Dave's BiggerPockets Profile Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠ ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-342 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jul 24

Will mortgage rates finally fall in the second half of 2025? Host Dave Meyer predicted rates in the mid-6's back in December, which has proved accurate halfway through this year. Now, Dave is providing his outlook for the rest of 2025, and a long-term mortgage rate forecast for the next several years. Meyer discusses the structural forces that could drive the mortgage landscape and the housing market for the next decade, including inflation rates, recession fears and ever-increasing national debt. This is crucial data for real estate investors to understand, especially those that have previously utilized a "date the rate" strategy. Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Find Investor-Friendly Lenders Property Manager Finder Dave's BiggerPockets Profile Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠ ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-341 ⁠ Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jul 21

Are you concerned about the fluctuating value of the US dollar and its impact on the real estate market? With recent shifts in the dollar's strength, it's essential to understand how this can affect your real estate investments. In this episode, Dave delves into the intricate relationship between currency value, interest rates, inflation, and the housing market. Discover why changes in the dollar's value can have significant implications for housing prices, and stay informed on the global economic forces that could shape your next property investment decision. Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Find Investor-Friendly Lenders Property Manager Finder Dave's BiggerPockets Profile Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠ ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-340 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jul 17

Is rental affordability finally improving for the average American renter? Moody's Senior Economist Lu Chen joins us to discuss surprising trends in multifamily supply and demand, and how rent growth might be impacted for real estate investors. With affordability nearing pre-pandemic levels, there's significant easing in rental prices thanks to increased supply. Are rents about to fall even further, or will steady demand keep them stable? Discover what's really happening in the housing market with intriguing regional and demographic shifts that could influence your next investment move. Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Find Investor-Friendly Lenders Property Manager Finder Dave's BiggerPockets Profile Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠ ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-339 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jul 14

Are we nearing a housing market crash, or is this merely another cycle in the ever-evolving real estate landscape? Dive into today's episode where Dave Meyer unpacks critical economic data impacting your investing decisions. From slowing new listing growth to mortgage delinquency rates, understand what these trends mean for home prices and more! Plus, find out how recent labor market fluctuations could steer interest rates in the coming months. Could this be a sign of easing housing price pressures or just another blip on the radar? Join us for insights that keep you informed and confident in your real estate journey. Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Find Investor-Friendly Lenders Property Manager Finder Dave's BiggerPockets Profile Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠ ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-338 ⁠ Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jul 10

President Trump's newly signed "One Big Beautiful Bill Act" has made the 2017 Tax Cuts and Jobs Act provisions permanent, creating massive opportunities for real estate investors to reduce their tax burden and potentially save thousands of dollars on their 2025 returns. On this episode of On The Market, host Dave Meyer and CPA Brandon Hall break down the most significant tax code changes included in the new legislation. They'll touch on the permanent extension of 100% bonus depreciation, the increased SALT deduction cap and QBI deduction for pass-through entities. With housing prices remaining elevated and mortgage rates still impacting affordability, these permanent tax advantages could be the key to maintaining profitability and cash flow in today's changing real estate market. Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Find Investor-Friendly Lenders Property Manager Finder Dave's BiggerPockets Profile Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠ ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-337 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jul 7

When will interest rates and mortgage rates give real estate investors a break? Today’s headlines hint at the Fed’s cautious approach to rate cuts, influenced by tariffs and inflation fears. As mortgage rates tick down slightly, questions arise about where home prices and the housing market prediction are headed. Should the Fed err on the side of caution or give a little relief to the housing market? Stay tuned as we share insights on the economic forces shaping interest rates and home prices and what this means for your real estate investment strategy. Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Find Investor-Friendly Lenders Property Manager Finder Dave's BiggerPockets Profile Henry's BiggerPockets Profile James' BiggerPockets Profile Kathy's BiggerPockets Profile Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠ ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-336 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jul 3

Discover the secrets to building wealth in the Midwest's real estate market. Why are savvy investors turning to the Great Lakes region? Dave Meyer dives deep into the affordability crisis, examining how cash flow and stable appreciation offer lucrative opportunities in cities like Milwaukee, Indianapolis, and Chicago. Learn how regions with low housing prices and strong rental yields are becoming prime targets for investors seeking steady growth and reduced volatility. With insights into housing market predictions and interest rates, this episode will have you reevaluating your investment strategy in 2025. Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Find Investor-Friendly Lenders Property Manager Finder Dave's BiggerPockets Profile Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠ ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-335 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jun 30

Could Florida’s housing market downturn be the first sign of a nationwide correction — or is it a regional anomaly? In this episode of On the Market , Dave Meyer dives into Florida’s sharp drop in home prices, especially in the condo market, and explores the factors behind this shift. Are declining migration, soaring insurance premiums, and excess supply likely to spread to other markets? Whether you're investing in Florida or any other state, understanding these trends is critical to making informed investing decisions in the rapidly changing 2025 housing market. Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Find Investor-Friendly Lenders Property Manager Finder Dave's BiggerPockets Profile Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠ ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-334 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jun 26

What impact do military conflicts have on the US economy and housing market? Join Dave Meyer on today's episode of On the Market as he delves into the potential scenarios that could unfold due to recent US airstrikes in Iran. As tensions rise in the Middle East, the effects on mortgage rates, housing prices, and the broader economy remain uncertain but crucial for real estate investors to consider. From proxy wars to direct military confrontations, this episode explores how these situations may influence inflation, interest rates, and national debt—key aspects that could reshape the housing market landscape. Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Find Investor-Friendly Lenders Property Manager Finder Dave's BiggerPockets Profile Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠ ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-333 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jun 23

A new report released by Realtor.com offers rare insight into real estate investor trends across the US. Host Dave Meyer breaks them all down in this episode of On The Market, including an increase in investor home purchases, where investors are buying selling, and much more. Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Find Investor-Friendly Lenders Property Manager Finder Dave's BiggerPockets Profile Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-332 ⁠⁠⁠ Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jun 19

How do investors feel about today's housing market and what does it mean for your real estate portfolio? On this episode, OTM host Dave Meyer digs into recent investor surveys by Stessa and ResiClub to provide insights into investor plans and market trends. You'll learn how investors are planning to navigate the real estate market in the next year, including some diverging regional trends. Plus, Dave breaks down the latest inflation report and discusses the impacts of immigration policy on housing affordability and how tariffs could impact mortgage rates in the coming months. Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠ https://www.biggerpockets.com/blog/on-the-market-331 ⁠ Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jun 16

Are rising interest rates putting pressure on the housing market and national debt? Join Dave Meyer as he dives into the implications of the U.S. national debt on real estate investors and everyday Americans. With the debt now surpassing the nation's GDP, real estate experts are concerned about how this could influence housing prices and mortgage rates. Learn about the historical trends and discover how political dynamics play a role in shaping the debt trajectory. How will soaring interest payments impact future planning for investors? Tune in for insights into the possible scenarios and their effect on the housing market. Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Find Investor-Friendly Lenders Property Manager Finder Dave's BiggerPockets Profile Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and https://www.biggerpockets.com/blog/on-the-market-330 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jun 12

Trump's new tax bill aims to extend tax deductions that are set to expire, ensuring continued economic growth and stability for real estate investors. But how can these changes benefit your investment strategy? In this episode, Dave breaks down President Trump's signature tax legislation (the "One Big Beautiful Bill Act" or OBBBA) making its way through Congress, including what's in it, what's missing, and the implications for real estate investors. Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Find Investor-Friendly Lenders Property Manager Finder Dave's BiggerPockets Profile Jump to topic: (00:00) Why This Tax Bill Matters Now (01:06) What’s Actually Inside the “One Big Beautiful Bill Act” (OBBBA) (03:02) Real Estate Relevance: Bonus Depreciation Origins and Extension Details (04:30) Bonus Depreciation Returns: Timeline and Impact for Investors (05:50) Breakdown of Spending Cuts Meant to Offset Tax Reductions (07:15) What Didn’t Make It In: Real Estate and Housing Provisions Left Out (08:25) The Debate: Arguments For and Against the Tax Bill (14:44) Real Estate Investor Takeaways: What This Bill Means for You (20:04) Broader Economic Outlook & Final Thoughts (21:48) Final Thoughts: What Happens Next, and When to Expect Updates Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠ ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-329 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jun 9

Redfin's latest forecast suggests home prices will see a 1% decline by year-end, a significant shift after years of growth. On The Market host Dave Meyer is joined by Chen Zhao, Redfin's Head of Economics Research, to discuss the key factors behind this projection, including a changing ratio of buyers to sellers in the market. Later in the show, Dave and Chen break down regional trends across the Sunbelt, Midwest and Northeast, talk about rent forecasts heading into 2026 and touch on the impact of current mortgage rates and trade policies on the real estate market. Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Find Investor-Friendly Lenders Property Manager Finder Dave's BiggerPockets Profile Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠ ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-328 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jun 5

Home sale cancellations are rising. Does that mean sellers are ready to drop prices? On this episode, Dave Meyer reveals how the emerging buyer’s market, increasing contract cancellations, and mortgage delinquency rates are shaping the current real estate landscape. Stay tuned for Dave's bonus insights on how to adjust your strategies and negotiate deals during this transitionary period. Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Find Investor-Friendly Lenders Property Manager Finder Dave's BiggerPockets Profile Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠ ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-327 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jun 2

Is the housing market finally tipping in favor of buyers? This week on On the Market , Dave Meyer is joined by Kathy Fettke, Henry Washington, and James Dainard to break down a critical shift in housing market trends. With sellers now outnumbering buyers in many cities for the first time in over a decade, investors are facing new opportunities and new risks. The panel dives into how mortgage rates, housing inventory, and even the potential privatization of Fannie Mae and Freddie Mac could impact housing prices, interest rates, and your 2025 housing market forecast. Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Find Investor-Friendly Lenders Property Manager Finder Dave's BiggerPockets Profile Henry's BiggerPockets Profile James' BiggerPockets Profile Kathy's BiggerPockets Profile Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠ ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-326 ⁠⁠⁠⁠⁠⁠⁠ Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

May 29

Jamie Dimon , CEO of JPMorgan Chase, America’s largest bank, just issued a major economic warning . In Dimon’s eyes, the economy has falsely recovered from the tariffs imposed on Liberation Day, with investors exhibiting an extraordinary amount of “complacency” in the face of mounting economic risks . If the country’s biggest bank is saying this, why aren’t Americans listening, and what should you do with your investments right now to protect yourself from more risks to come ? The Liberation Day tariffs tanked the stock market and raised serious inflation concerns almost overnight. While the stock market has recovered, inflation fears are still peaking , economic sentiment has deflated, and consumer debt is rising . Is now the time to sell and move into cash in case a recession or more serious economic downturn arrives? Dave is breaking down the most significant economic risks we face right now , which have the biggest effects on real estate , and how he is personally managing his money to protect himself from economic risks that most investors aren’t prepared for. But what should you be doing now? Dave is sharing his “capital preservation” checklist. In This Episode We Cover Jamie Dimon’s major warning for the U.S. economy and the threat of “complacency” The biggest risks facing the economy today and whether or not they can be mitigated Why the state of the U.S. consumer is starting to seriously worry economists (and Dave) How to protect your investments (and your wealth) during economic downturns Why you MUST switch to “capital preservation” mode when economic cracks begin to form And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the On the Market Newsletter Find Investor-Friendly Lenders On The Market 312 - Inflation Fears Soar to 1980s Levels, Consumer Sentiment Sharply Plummets Dave's BiggerPockets Profile Grab the Book, "Recession-Proof Real Estate Investing" Jump to topic: (00:00) A Major Economic Warning (01:51) Dangerous "Complacency" (04:14) Biggest Economic Risks (12:21) Will the Tax Bill Help? (14:33) Sentiment Drops, Inflation Fears Grow (18:56) How to Protect Your Investments Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠ ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-325 ⁠⁠⁠⁠⁠ Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

May 26

Warren Buffett just dropped a blunt take on why real estate may not deliver the same upside as stocks . Is he onto something—or overlooking key factors that still make the housing market a smart bet? We’re breaking it all down on today’s headlines episode! Meanwhile, a huge wave of properties is quietly changing hands. Boomers are passing down homes , but are Millennials ready for the keys? For many heirs, this transfer of wealth is proving to be much more than they bargained for. Sky-high renovation costs , large mortgage balances , and rising taxes and insurance premiums can make inheriting a home feel more like a burden than a blessing. What’s more, without proper estate planning , families could face unexpected capital gains taxes or get stuck in probate court . Our panel of experts unpacks these challenges and what every family should know before passing down property. Plus, we’re tracking new issues like falling vacation home demand , rising Treasury yields , and their potential impact on the housing market. Are new real estate investing opportunities hiding in plain sight? Let’s get into it! In This Episode We Cover Why Warren Buffett sees more upside in stocks than real estate (and what he’s missing) Boomers are transferring $19 trillion in real estate (and why millennials aren’t ready) Why falling demand for vacation homes opens the door for short-term rental opportunities How rising Treasury yields and US deficit concerns affect real estate investors How smart investors tweak their strategies and stay one step ahead as markets shift And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the On the Market Newsletter Find an Investor-Friendly Agent in Your Area Dave's BiggerPockets Profile Henry's BiggerPockets Profile James' BiggerPockets Profile Kathy's BiggerPockets Profile BiggerPockets Money 532 - Building Generational Wealth? Don’t Lose It With This ONE Critical Mistake Articles from This Episode: The Boomer Home Dilemma: Millennials aren’t ready to inherit the homes they grew up in Warren Buffett on investing: ‘There’s just so much more opportunity’ in the stock market than in real estate Demand For Vacation Homes Drops to Lowest Level Since at Least 2018 30-year Treasury yield spikes to 5.09%, 10-year yield hits 4.61% as GOP bill raises deficit concerns Grab Dave’s Book, “Start with Strategy” Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠ ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-324 ⁠⁠⁠ Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

May 22

Rent growth has slowed significantly since the massive hikes of 2020-2023, but could we be close to another major rebound? A surge in multifamily supply has led many apartments to offer discounted rents , move-in and renewal concessions , and other perks to attract renters. Renters currently have the upper hand, but what happens when the supply-demand balance shifts —and less than half the usual new supply comes online? Dave is answering that question in this May 2025 rent update . We’ll walk through which cities have rising rents , which are seeing declines, multifamily vs. single-family rents, and a new (optimistic) 2025–2026 rent forecast that could change everything for landlords. Single-family rentals are already in decent demand, so what happens when those cheaper multifamily apartments reach maximum occupancy? This could be great news for landlords and real estate investors, but the general public is NOT paying attention. If rental demand stays steady but supply drops off a cliff, you could stand to benefit. We’re getting into that, and more, in this episode! In This Episode We Cover New May 2025 rent growth update and single-family vs. multifamily numbers The huge investor opportunity for 2026 as multifamily supply dries up Cities with rising rents that very few investors would have predicted An optimistic rent growth forecast (and whether Dave believes it) Surprisingly expensive markets that are seeing rents grow EVEN more And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the On the Market Newsletter Property Manager Finder Rental Demand is Surging 3x Faster Than Homeownership—Here’s How to Catch the Wave Dave's BiggerPockets Profile Grab Dave’s Book, “Real Estate by the Numbers” Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠ ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-323 ⁠ Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

May 19

New builds are popping up everywhere. But some markets have a lot more new homes on the way . This could be risky for real estate investors in these areas, as steady demand and growing supply could put downward pressure on home and rent prices . Where are builders the most and least bullish in 2025, and which markets have so much supply that investors might want to steer clear? Today, we’re giving you a housing supply and inventory update . Austin Wolff joins us again to share findings from the latest builder sentiment survey —how confident builders are in today’s housing market—and which markets they’re building the most (and least) in. This is crucial as an investor, whether you rent or flip , since supply is one factor investors can’t control. Builder sentiment has seen a quick reversal from the 2020 - 2022 highs, but why are there still so many new development projects if builders are bearish? With permits finally getting approved, many builders are forced to complete projects , even during weaker market conditions, leading to lower prices for new build buyers and some dangerous “spillover” effects for investors in the market. In This Episode We Cover Why builder confidence has dropped so much , and why they can’t stop building (even with less profit) Markets seeing the most new construction and potential downward pressure on home prices Why now may be a great time to pick up a new build as developers give concessions The simple formula you can use to see if your market has too much supply for demand Could pessimistic builder conditions be better for appreciation in the long run? And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the On the Market Newsletter Find an Investor-Friendly Agent in Your Area How to Save Up to 20% on New Construction Homes Dave's BiggerPockets Profile Austin's BiggerPockets Profile Grab Dave’s Book, “Real Estate by the Numbers” Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠ ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-322 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

May 15

Price cuts are hitting the housing market fast, and Wall Street is paying close attention. A new real estate fund just raised $6 billion specifically to invest, signaling that now could be close to the bottom for investment properties. Should you follow their lead, and if you do, which markets are seeing the biggest price cuts where you can pick up discounted deals well below asking price? We’re sharing the top cities with price cuts, why Wall Street is betting on real estate , and a strong sign for the housing market in this headlines episode! Young homebuyers are taking the reins as first-time homebuyer demand starts to rebound in a big way. We weren’t kidding about returning to a “ healthy housing market ,” and this data may be a sign it’s true! But is buying really the best decision, especially with high rates and (still) high home prices? We brought a list of where renting makes more sense than buying . The housing market is shifting, and we could be rebounding from years of high prices and stagnant sales. Investors need to pay attention , because the signals are pointing to big changes. Want to get in the know? Stick around! We’re sharing it all in this episode. In This Episode We Cover Wall Street’s $6 billion (with a “b”) bet on real estate prices recovering Why young homebuyers are taking up a BIG share of housing market demand (even though the news says the opposite!) Real estate markets with price cuts and which we’re bullish on Renting vs. buying in 2025 : these cities are where it makes the most sense to rent How to invest in an expensive market for big equity gains AND low money down And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the On the Market Newsletter Find an Investor-Friendly Agent in Your Area On The Market 320 - Zillow: Price Cuts Hit Record as Inventory Floods Back (May 2025) Articles from This Episode: Dave's BiggerPockets Profile Henry's BiggerPockets Profile James' BiggerPockets Profile Kathy's BiggerPockets Profile Ready to Buy? Grab the Book “First-Time Home Buyer” Check out more resources from this show on ⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠ and ⁠⁠⁠⁠⁠ ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-321 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

May 12

Price cuts surge across the housing market as inventory bounces back in a big way. The “healthier” housing market is starting to show, and the “gap” between buyers and sellers is shrinking. Zillow’s Orphe Divounguy is back to give a sneak peek at their latest housing market data , which shows encouraging signs for buyers, agents , lenders, and anyone who wants the housing market to get back in action! After Zillow recently forecasted a home price decline in 2025 , many saw this as a bearish signal for housing. But Orphe, Senior Economist at Zillow, says that this is instead a good sign for the market. With inventory rising, sellers are getting more realistic , meaning lower prices and more choice for buyers. But what about mortgage rates —could they also drop and fuel even greater affordability? Orphe is sharing his mortgage rate prediction as well. How will trade wars and tariffs affect the housing market with so many Americans on the financial edge? Could higher inflation and a potential recession breed big trouble for the housing market? We’re getting Orphe’s refreshingly data-backed (and surprisingly optimistic) take on what’s to come in the rest of 2025 . In This Episode We Cover Zillow’s latest May 2025 housing market update (and GOOD news for buyers) Record price cuts : why sellers are starting to get realistic Housing markets seeing the most pain , and which to think twice about before investing How trade wars and tariffs could hit housing, and Orphe’s take on inflation Is a recession really coming? Why Orphe isn’t so sure that the writing is on the wall And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the On the Market Newsletter Find an Investor-Friendly Agent in Your Area Dave's BiggerPockets Profile BiggerPockets Real Estate 1101 - Housing Market Shift: Inventory Catapults Back, Buying Opportunities Grow Economic Policy Uncertainty Index Grab Dave’s Book, “Real Estate by the Numbers” Check out more resources from this show on ⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠ and ⁠⁠⁠ ⁠ https://www.biggerpockets.com/blog/on-the-market-320 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

May 8

Economic risk is growing , and protecting /building your wealth could get more challenging. Stocks are overvalued, mortgage rates are high, and many Americans feel stuck without a good option. What’s BiggerPockets CEO Scott Trench doing with his money to protect his wealth from inflation , recessions , and easy-money policies? Today, Scott shares his exact plan (and new investments!). Scott went on record a few months ago to talk about his big move— cashing out of much of his index fund portfolio . What, in hindsight, looked like perfect market timing was instead a defensive move to protect himself from growing irrational exuberance . Where did he put the cash he got from the sale? Right into real estate , and so far, it’s working out quite well. Today, Scott talks about the exact property types he’s buying , the best investing move for a beginner to make given today’s challenging economic landscape, and the significant economic risks that could be coming in 2025 and 2026 . Scott’s putting his money where his mouth is, and, so far, he’s been spot on. Would you take the same approach to protect your wealth? In This Episode We Cover What BiggerPockets CEO Scott Trench is investing in while stocks remain overvalued and economic risk grows The best real estate investments for someone starting in today’s economic environment Growing economic risks from tariffs, a new Fed chair, and what’s sparking new inflation fears Want lower interest rates ? Here’s why betting against the labor market isn’t the best move Is real estate as overvalued as stocks right now? And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the On the Market Newsletter Find an Investor-Friendly Agent in Your Area Dave's BiggerPockets Profile BiggerPockets Real Estate 1118 - Data Says It’s a Buyer’s Market: Here’s Where the Most Opportunity Is w/Scott Trench and Michael Zuber Scott's BiggerPockets Profile Invest in Any Market Cycle with “Recession-Proof Real Estate Investing” Check out more resources from this show on ⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠ and ⁠ https://www.biggerpockets.com/blog/on-the-market-319 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

May 5

The US economy is shrinking , with GDP declining this quarter. We’re getting closer to recession territory, so why aren’t mortgage rates dropping? We’ll explain how one crucial part of the economy is staying strong—keeping the Fed from cutting and delaying the typical rate-drop that comes with a recession. What’s stopping us from going back to sub-6% mortgage rates? We’ll break it down in this episode. The economy is changing—fast. The US saw its GDP turn negative last quarter as many Americans braced for the impact of tariffs . But even with the overall economy lagging, labor data remains strong. Jobs are still being created, unemployment is relatively low, and Americans are going to work. This may be the single factor keeping the Fed in limbo, unable to cut rates any further. So, what happens if the labor market breaks? Home builders were already anxious over the past year, and now they’re getting even more hesitant to build. With tariffs pushing up prices for materials , building (and buying) a house could get much more expensive. And with builders already dropping prices, could this lead to a broader decline in home prices across the nation ? In This Episode We Cover A worrying sign for the US economy and whether it could trigger lower mortgage rates The one thing standing in the way of the Fed finally cutting rates again Tariff effects on GDP and the first signs of what they could do to our economy New labor market numbers and why jobs are being added as the economy shrinks Are we in a recession ? And does it even matter if we are? And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the On the Market Newsletter Find Investor-Friendly Lenders Dave's BiggerPockets Profile BiggerPockets Real Estate 1116 - The Mortgage Rate “Range” to Expect for the Rest of 2025 Invest in Any Market Cycle with “Recession-Proof Real Estate Investing” Check out more resources from this show on ⁠⁠⁠BiggerPockets.com⁠⁠⁠ and https://www.biggerpockets.com/blog/on-the-market-318 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠ advertise@biggerpockets.com ⁠⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

May 1

Another MLS lawsuit is making waves—this time aiming to remove unfair listing rules and help both buyers and agents. Experts say we’re in a “healthy” housing market, but does it feel that way? A high-demand, often-overlooked “cash cow” rental strategy is exploding in 2025, and we talk about everyone’s favorite state to hate: California. Is investing in Los Angeles actually worth it? All that, and more, in today’s show! Experts from HousingWire are calling today’s housing market “healthier” as buyers gain leverage, inventory rises, and pending sales increase. If you’re a hesitant investor, it may be time to get in the game , but flippers and sellers must be careful. James and Henry share how they’re still (profitably) selling deals in today’s market. Want to make WAY more cash flow ? This rental strategy’s demand is surging , and there’s not enough supply! We’ll describe the strategy and why it’s become a “cash cow” with even better future potential. Is the appreciation worth investing in America’s hardest housing market—California? Finally, a new MLS lawsuit makes waves as a key brokerage challenges strict selling standards that could be hurting buyers, sellers, and agents . What happens if they win? In This Episode We Cover The new MLS lawsuit that may trigger a “domino” effect leading to the end of the MLS A cash-flowing rental strategy with growing demand in 2025 and where it works Why experts say the housing market is “healthy” again—but why it still feels off Does it ever make sense to invest in California? Why the wealthy still park money there And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the On the Market Newsletter Find an Investor-Friendly Agent in Your Area Los Angeles Real Estate: Why Do People Continue to Invest Here? Why the housing market is actually much healthier in 2025 Compass files an antitrust suit against NWMLS over its CCP Dave's BiggerPockets Profile Henry's BiggerPockets Profile James' BiggerPockets Profile Kathy's BiggerPockets Profile Grab Dave’s Book, “Start with Strategy” Check out more resources from this show on ⁠⁠BiggerPockets.com⁠⁠ and https://www.biggerpockets.com/blog/on-the-market-317 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠ advertise@biggerpockets.com ⁠⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Apr 28

What the heck is happening with the US economy? Stocks are down , now they’re up, mortgage rates are dropping—wait, scratch that—they’re back up again, the Fed could have a new chair, and if they cut rates, interest rates could…rise? A “technical” recession is on the way , but will it have the same effects as the last one? We need some backup to explain the state of the US economy, and J Scott is here to do just that. J wrote the book on Recession-Proof Real Estate Investing and is known as one of the most economically aware real estate investors. Today, we’re diving into it all: mortgage rates, recession chances, inflation rates, tariffs, trade wars, future home price predictions , and what J plans to do with his money. Home prices are already unstable , but could a recession , combined with high inventory and low demand, push us over the edge ? This may not be another 2008, for many reasons, but the psychological effect of a recession can be severe—especially on homebuyers and sellers. We’re giving you J’s complete overview of the economy today. In This Episode We Cover Whether or not home prices are at risk as we enter a “technical” recession J’s investment plan for 2025 and the assets he’s most bullish on The massive undersupply problem that’s propping up the housing market Inflation forecasts and the unexpected tariff side effects that could cost Americans Why “just buy American” won’t stop you from feeling inflation How the Fed cutting rates could…raise rates? And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the On the Market Newsletter Find Investor-Friendly Lenders Dave's BiggerPockets Profile On the Market 315 - Stagflation Risk Rising Fast as US Economy Falls Out of Balance J's BiggerPockets Profile Grab J’s Book, “Recession-Proof Real Estate Investing” Jump to topic: (0:00) Intro (2:04) Home Prices (Probably) Won’t Crash (8:24) Still SO Undersupplied (9:56) The “Technical” Recession Coming (14:45) GDP Will Drop (18:26) Inflation Forecast (22:58) Just Buy American Goods? (28:15) New Fed Chair? (34:23) J’s Investment Plan Check out more resources from this show on ⁠BiggerPockets.com⁠ and ⁠ https://www.biggerpockets.com/blog/on-the-market-316 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email ⁠ advertise@biggerpockets.com ⁠ . Learn more about your ad choices. Visit megaphone.fm/adchoices

Apr 24

Stagflation : the combination of two of the worst economic conditions— inflation and slow/no growth . With stagflation, prices rise , asset growth shrinks , unemployment increases , consumer confidence drops, and economic pain spreads. This is the first time in almost fifty years that the US has had to deal with what is an extremely rare economic scare . And with the Fed already under immense pressure to lower rates, is the US economy out of escape routes? Today, we’re talking about stagflation—a trend that has worried major economists for months . Economic “warning signs” are already flashing as recession and inflation risks grow. But if we get hit with stagflation, how bad will it be, how long will it last, and how will it affect real estate? I’m explaining it all today. We’ll walk through what happened during the 1970s stagflation crisis , how home and rent prices were affected, what’s causing today’s stagflation risk , and whether the Fed has any power left to mitigate the worst consequences of it. This could affect every American and anyone investing in American real estate, but have my investing plans changed? I’ll tell you what I’m doing next. In This Episode We Cover Stagflation explained and why it’s becoming a greater risk in 2025 Why the Fed may be out of options to fight stagflation and what’s causing it Reviewing the 1970s stagflation crisis and what happened to real estate prices then Inflation forecasts for 2025 and how much more prices could rise My current investing plan and how I’m looking at real estate if stagflation strikes And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the On the Market Newsletter Find an Investor-Friendly Agent in Your Area Real Estate Investors—You Should Be Very Concerned About Stagflation Dave's BiggerPockets Profile Buy Real Estate the Right Way in Any Market Cycle with “Real Estate by the Numbers” Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-315 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Apr 21

The housing market may be at greater risk than many of us thought. An economic trifecta is forming . If all three conditions hit at once, it could spell serious problems for anyone in the real estate industry. We may be close to a time when high home prices, high mortgage rates , and a recession all meet, causing a significant slowdown with effects that could hurt everyone who buys, sells, or helps transact on homes. But how likely is this to happen? The past month has been a wild ride for the economy. Mortgage rates fell dramatically but are now shooting back up . Inflation and unemployment fears are peaking as consumer confidence drops to unprecedented levels. And now, new tariffs could drive costs even higher . This could change everything, weakening the US dollar and making buying a house even harder. Every real estate investor, agent , lender, or professional should understand these risks because the effects could be severe. In this episode, we’re breaking down all the latest economic changes and how they affect the housing market . In This Episode We Cover New risks to the housing market that could cause big changes for buyers and sellers Why interest rates are starting to reverse , shooting back up EVEN with high recession risk The trifecta of bad news for the housing market and what investors must know now What a weakening dollar means for mortgage rates and the US economy as a whole Transaction volume forecasts and whether we’ll still see a hot spring homebuying season And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the On the Market Newsletter Find Investor-Friendly Lenders Dave's BiggerPockets Profile BiggerPockets Real Estate 1106 - The One True “Inflation-Proof” Investment (EVEN with Tariffs) Invest in Any Market Cycle with “Recession-Proof Real Estate Investing” Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-314 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Apr 17

What if you could predict how a housing market performs before buying there? This would allow you to invest only in the best areas across the US, putting money down where you know it will multiply and letting you get leagues ahead of the other investors. This is MORE than possible, but you’ll need to know which metrics mean the most to an investing market. Neal Bawa has been doing this for years, building a huge real estate investing empire simply by looking at the data others often ignore . Today, he’s giving you his exact strategy. Why should you NOT invest in your backyard? It may seem like the easiest place to start, but Neal says you could miss out on a massive upside by sticking to what is comfortable. As a data scientist, he puts the numbers before the hype , ditching cities that investors are flocking to and investing in those that only have the most solid fundamentals. He mentions one metric that makes a housing market grow or slow in rent prices , but which metric is it? Today, Neal is sharing the best markets across the US to invest in, why renters prefer one type of housing over others (it’s not what you’d think), what Neal is buying NOW even with high interest rates and still (relatively) stubborn sellers, and why his six-metric formula is the key to predicting which markets will boom . In This Episode We Cover How to predict rent growth and home price growth in ANY market in America Multifamily vs. single-family rentals and why one hybrid is beating both Neal’s top 2025 markets to invest in using his six-metric market formula Why Neal stopped making offers on apartments and started buying THIS instead Is local real estate investing hurting your returns? Here’s why you may want to move your money And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the On the Market Newsletter Find Investor-Friendly Lenders 13 Real Estate Hot Spots You Won’t Want to Miss Next Year Neal's BiggerPockets Profile Multifamily University Grab the Book “Real Estate by the Numbers” Jump to topic: (0:00) Intro (3:00) DON’T Invest in Your Backyard? (6:34) This Metric Predicts Markets (14:35) Tenants Want THIS Most (22:26) Best Markets in America (24:30) What Neal’s Buying NOW (33:52) Connect with Neal! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-313 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Apr 14

Consumer confidence collapses , China flashes its “ nuclear option ,” Zillow goes after secret listings , and uh oh, renovations could get even pricier—what does it all mean for your investments? Americans are dealing with severe trade war whiplash , and it’s starting to show. Consumer sentiment has fallen off a cliff in the most recent reading, with many Americans fearful that inflation will spike back up , the economy will slow way down, and we’ll be stuck in economic quicksand. How close is this to reality, and if average Americans are panicking, what should investors do to keep their sanity and portfolios stable? It’s been quite a week, so we’re bringing you the biggest headlines from the housing market and more! Zillow fights to unlock some of the “gated” listings agents and brokers have been using to curate their clientele selectively. Don’t know what secret listings we’re talking about? There’s a good chance they were hidden from you, too! China holds the “nuclear option” that could end the trade war , but will they use it, knowing that it could quickly send a shockwave across the shore and straight into China’s own economy? Plus, are things really that bad? According to Americans…yes. Consumer sentiment is now hovering around ten-year lows . Flipper confidence could be next, as construction costs may rise due to tariffs. How do you protect your deals, no matter what’s coming down the pipeline? In This Episode We Cover China’s secret weapon against high tariffs (and whether they’ll actually use it) New consumer sentiment numbers that show just how bad Americans think the economy will get Inflation expectations and why many Americans are prepared for a return to constantly rising prices Zillow’s move to end listing gatekeeping and open up more housing options for ALL buyers James’ time-tested advice to take NOW if you’re renovating or flipping a home And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the On the Market Newsletter Find Investor-Friendly Lenders Dave's BiggerPockets Profile Henry's BiggerPockets Profile James' BiggerPockets Profile Kathy's BiggerPockets Profile On The Market 310 - Mortgage Rates Fall Fast as Tariffs Trigger Mass Stock Selloff, Economy at Risk Zillow is fighting back against a push to make real estate listings more exclusive The nuclear option China could take in trade war with the US Tariff Implications for the Construction Industry, Wells Fargo Report Tariff Implications for the Construction Industry Consumer Sentiment Tanks in April on Recession Fears Grab Dave’s Newest Book, “Start with Strategy” Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-312 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Apr 10

Large multifamily , for the most part, has been an “uninvestable” asset for the past few years . Tons of new inventory hitting the market, short-term loans coming due, rising expenses, and stagnant rent growth are just a few reasons investors have avoided this asset like the plague. Even veteran multifamily investor Brian Burke sold off a majority of his portfolio when prices were sky-high . Now, the oracle of multifamily has come back to share why he thinks we have two years until this reverses. Brian believes there’s a strong “signal” that sellers are about to get real , buyers will have more control, and rent prices will grow again. Could this be the bottoming out of the multifamily real estate market, or are we still years away from any recovery? What about small “sweet spot” multifamily rentals or single-family homes? Are they worth investing in right now? Brian shares exactly which assets have the most (and least) potential and the recession indicators to watch that could throw the real estate market out of whack. In This Episode We Cover The state of large multifamily in 2025 : Is it finally time to get back in the game? The “sweet spot” multifamily properties small investors should be buying now Why 2027 could be the year that the multifamily market reverses Is residential real estate (single-family rentals) still a worthwhile buy in this housing market? The $1,000,000,000,000 problem that the multifamily market is facing And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the On the Market Newsletter Find Investor-Friendly Lenders Dave's BiggerPockets Profile BiggerPockets Real Estate 1100 - The Ultimate Underrated Rental Property of 2025 (for Small Investors) Brian's BiggerPockets Profile Grab Brian’s Book, “The Hands-Off Investor” Jump to topic: (00:00) Intro (00:33) What to Buy and What to Avoid (04:13) Multifamily Sellers Must Wake Up (08:30) Has Multifamily Bottomed Out? (09:57) “Sweet Spot” Investments (14:51) Will Rent Growth Return? (20:28) An Opportunity for Single-Family Rentals? (25:18) Is Now the Time to Buy? (28:54) Recession Risks to Watch Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-311 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Apr 7

Last week’s tariff announcement from the Trump administration put the stock market in a freefall . Major indexes are now past correction territory and on their way to crash status. But one silver lining for real estate investors? Mortgage rates . Economic fear is pushing more investors to buy bonds , lowering yields and mortgage rates. How long will suppressed mortgage rates last, and could rates fall even more? The Trump administration’s latest round of tariffs may be the most significant change in economic policy in 50 years . This affects not just Americans but the entire world, as President Trump purposefully pursues a “deglobalization” strategy . This could force us to form new allies, break ties with old ones, and see a shift to much less reliance on foreign trade partners. What does that mean for real estate investors? Well, you could see certain costs go up —significantly. We’ll discuss exactly which costs will rise, and by how much, and what investors should do to protect themselves—not panic—in this highly volatile time. In This Episode We Cover Trump’s latest tariff announcement explained and the countries that will be hit hardest Why Canada and Mexico were excluded from the new round of tariffs How economic fear affects interest rates , and whether these low(er) rates will last One MASSIVE risk that could hurt all Americans if it comes to fruition What Dave is doing right now to protect (and grow) his portfolio during downturns And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the On the Market Newsletter Find Investor-Friendly Lenders Dave's BiggerPockets Profile BiggerPockets Real Estate 1103 - April 2025 “Upside” Update: Making a BIG Change to My Portfolio (Cashing Out) HousingWire: Trump’s ‘Liberation Day’ imposes dramatic global tariff regime Invest During Any Market Cycle with “Recession-Proof Real Estate Investing” Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-310 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Apr 3

Mortgage delinquencies are up…or are they? One chart that’s been circulating on social media would have you believe that a growing number of homeowners are on the brink of foreclosure , driving us toward another 2008-style collapse . Is the panic justified or unfounded? We’ll dig into the data in today’s episode! A Freddie Mac chart has been doing the rounds recently, showing a massive jump in delinquencies, but what the data really reveals is a spike in another type of real estate delinquency —a trend that should come as no surprise, given how rising interest rates impact adjustable-rate loans . But what about residential real estate ? Are regular homeowners now suddenly missing mortgage payments to 2008 levels? There’s no denying that we’re entering a buyer’s market . While a 2008-style housing market crash is unlikely, inventory is growing , and home prices could decline another 2%-3% . Whether you’re a regular homebuyer or real estate investor , this means you have an unusual amount of negotiating leverage . We’ll share a strategy you can use to insulate yourself from a potential dip and capitalize on an eventual surge in home prices ! In This Episode We Cover How mortgage delinquency rates impact the housing market overall Why real estate is historically less volatile than stocks and other markets The “canary in the coal mine” that could signal trouble for the housing industry Why we’re seeing an (expected) surge in these mortgage delinquencies Taking advantage of a buyer’s market and a potential “dip” in home prices And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the On the Market Newsletter Find Investor-Friendly Lenders Over 6 Million Americans Are Late on Their Mortgage Payments—Here’s What It Means for Investors Dave's BiggerPockets Profile Grab the Book, “Recession-Proof Real Estate Investing” Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-309 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 31

Home prices are falling fast in some prime real estate markets across the country while others remain stubbornly stuck. What’s the defining factor between a stable housing market and one where sellers are actively cutting prices? Housing inventory ! This metric defined the 2020 - 2022 run-up in home prices, but the rubber band of demand is snapping back as buyer power grows, housing inventory rises, and investors get even better buying opportunities . Remember when people said, “I’ll buy when prices drop”? Well, now might be the time. ResiClub’s Lance Lambert joins us to provide a holistic view of housing inventory, prices, demand, and emerging opportunities . Lance walks through the most up-to-date data on where housing inventory is rising fast, where prices are quickly declining , and which markets are holding on as sellers remain in control. We’ll also talk about why homebuilding costs are about to JUMP and the reason Warren Buffett sold his homebuilding stocks shortly after buying them. Will construction slow down, limiting new inventory and leading us back into ultra-low supply? If so, this could push home prices higher, creating a prime opportunity for real estate investors . In This Episode We Cover US real estate markets seeing the most and least new inventory, and where prices are falling Is spiking inventory a worrying sign for the housing market, or are we merely normalizing? What to look at in your housing market to forecast whether prices will rise or fall Why are homebuilding costs about to JUMP , and could this lead to even more inventory problems? The new housing trend: Older renters , but could this mean more demand for rentals ? And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the On the Market Newsletter Find an Investor-Friendly Agent in Your Area Dave's BiggerPockets Profile ResiClub: The cost breakdown for constructing a single-family home in 2024 ResiClub: Did Warren Buffett see this coming? Homebuilder margins face pressure in 2025 ResiClub: The vanishing young homebuyer: Median first-time homebuyer age jumps from 28 in 1991 to 38 in 2024 Inventory Is Key to a Stable Real Estate Market—Will It Recover? Join Lance’s Newsletter Grab Dave’s Book, “Real Estate by the Numbers” Jump to topic: (0:00) Intro (1:27) Hottest and Coldest Markets (8:00) Should We Be Worried? (11:00) Where Prices Are Dropping (14:54) What to Look For In YOUR Market (17:39) Homebuilding Costs To JUMP (21:48) Developer Profits Shrink (24:11) Older Renters, Better for Investors Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-308 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 27

Florida property taxes could drop to 0% . As the state struggles with some of the lowest affordability in the country, with home insurance almost doubling in five years and home prices increasing by more than 50% compared to pre-pandemic pricing, Floridian homeowners have seen their housing costs explode. So, what if they could save thousands of dollars a year by ditching property taxes ? If Florida makes it work, this could open up the floodgates for many other states to pass similar bills. But WILL it work? A significant amount of Florida’s tax revenue comes from property taxes , so will they be efficient enough to work with a tighter budget, or will infrastructure break down due to the massive loss in government funding? And, if property taxes are eliminated, boosting affordability , could buyer demand surge as well? We ran the numbers , and the potential savings on housing costs are substantial . If Florida proves a successful 0% property tax test case, other states (including yours) could be next. In This Episode We Cover Florida ’s new legislative push to abolish or reduce property taxes for homeowners How much homeowners would save every month if their property taxes were eliminated Can Florida afford to ban property taxes , and which services would be compromised if they did? States that are most likely to eliminate property taxes if Florida succeeds Serious side effects of eliminating property taxes and who pays the price And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the On the Market Newsletter Find an Investor-Friendly Agent in Your Area How You Can Legally Minimize Rental Property Taxes as Much as Possible Dave's BiggerPockets Profile Sources of State and Local Tax Collections Know Your Numbers BEFORE You Buy with “Real Estate by the Numbers” Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-307 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 24

Buyers are finally funneling back to the housing market thanks to recently lower mortgage rates . But, we’ve still got a BIG housing problem to fix—undersupply. What’s President Trump’s plan to put more houses on the map? Freedom cities! By turning federal lands into high-tech hubs for workers, we may be able to solve our housing shortage . Is this possible, or are “freedom cities” just a far-off developer dream? We’re getting into this headline and all the others filling your newsfeed in today’s episode! Home prices are about to PLUMMET …says one article for a select few property types. While much of this might be clickbait, James does think it’s time to scoop up some sweet property deals on second homes in hot vacation markets . With good value, economic weakness putting pressure on sellers, and long-term upside, this could be a solid move to make! Want to pay even LESS to a real estate agent? That’s what everyone says , but it doesn’t seem like that’s what everyone wants as Redfin gets bought out by Rocket Companies . Is the low-cost real estate agent model finally about to bite the dust, or could Rocket turn things around, bringing buyers a whole new suite of low-cost services? Stick around; we’re sharing our thoughts! In This Episode We Cover Trump’s plan to trade federal lands for “freedom cities” that could increase housing inventory Fed rate cut update : Should we still expect rate cuts sometime in 2025? Great news for real estate agents and lenders as sales accelerate thanks to lower interest rates One type of rental property that could be a killer deal in 2025 (in SOME markets) Th e end (or beginning) of Redfin as Rocket Companies buys out the low-cost-agent brokerage And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the On the Market Newsletter Find an Investor-Friendly Agent in Your Area Dave's BiggerPockets Profile Henry's BiggerPockets Profile James' BiggerPockets Profile Kathy's BiggerPockets Profile On The Market 300 - Mortgage Rates Hit 2025 Low as Recession Fears Rise What Is Trump's New Affordable Housing Plan for Federal Lands? Existing-Home Sales Accelerated 4.2% in February 5 Types of Homes Expected To Plummet in Value by the End of 2025 What went wrong at Redfin? Grab Dave’s Newest Book, “Start with Strategy” Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-306 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 20

Real estate is one of the most tax-advantaged investments in the country. With bonus depreciation , opportunity zone investing, 1031 exchanges, and more, investing in real estate is not only the best way to build wealth—it’s the key to tax-free (or deferred) wealth. So, with a Republican-controlled House and Senate, will new tax proposals favoring real estate investments pass? We’ve got some news that could make 2025 a “game-changer” year for real estate investors. CPA Brandon Hall joins us to break it down. With numerous proposals floated to restore 100% bonus depreciation , extend opportunity zone investments, and eliminate taxes on tips, overtime, and Social Security, 2025’s tax laws could look very different if these changes pass. Plus, there’s one huge real estate tax write-off you’re (probably) not taking advantage of . Brandon shares how investors can write off even more during rehabs and renovations, using a specific tax deduction most investors have never heard of. Find investor-friendly tax and financial experts with BiggerPockets Tax & Financial Services Finder! In This Episode We Cover 100% bonus depreciation —is it coming back , and when could it go into effect? The most commonly missed real estate tax write-off you MUST know about Tax-free income sources and which types of income could dodge Uncle Sam’s grip Opportunity zone updates and whether this tax-deferred investment will be renewed Still doing your taxes? Tell your CPA this BEFORE you file And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the On the Market Newsletter Find Investor-friendly Tax and Financial Experts Dave's BiggerPockets Profile What Is Bonus Depreciation And How Does It Work? Brandon's BiggerPockets Profile Work with Brandon’s Team Top 2025 Tax Strategies For Real Estate Investors Buy “The Book on Tax Strategies for the Savvy Real Estate Investor” Jump to topic: (00:00) - Intro (01:14) - Bonus Depreciation Update (08:53) - A Massive Missed Deduction (12:54) - Tell Your CPA This (14:29) - Tax Cuts Get Extended? (18:58) - New Tax Proposals (20:41) - Renewing Opportunity Zones (23:04) - When Bonus Depreciation Could Return Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-305 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 17

Stocks are struggling , recession fears are ramping up, and investors are starting to worry. The stock market has been falling for weeks , major indexes are down, and new (rapidly changing) tariffs are only making things worse. But what does this actually mean for your investments? Is this just a stock market correction, or could real estate soon suffer the same fate? Today, we’re breaking down what’s going on in the US economy: why stocks are tanking , how the housing market could react , and what smart investors are doing right now. Should you sell, hold, or shift your stocks into real estate? Dave shares a big move he just made with his own portfolio and why he’s rethinking his investment strategy heading into a potential recession. With so much uncertainty, you need to know what actually matters (and what doesn’t) for your portfolio. Will falling stock prices inadvertently trigger a real estate boom? Could lower inflation and interest rate cuts save the market? And most importantly—what should you do next? We can’t give you financial advice, but Dave is sharing what he’s doing with his money in this episode. In This Episode We Cover Why the stock market is sliding and whether a recession is next The psychological impact of new tariffs on the economy (and YOUR investments) The almost unbelievable (and borderline frightening) metric about consumer spending Why Dave sold a sizable chunk of his stock portfolio (and where that money is going) How a stock market correction could shake up the housing market What lower inflation and possible rate cuts could mean for real estate The key economic signals you NEED to watch over the next few months And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the On the Market Newsletter Find Investor-Friendly Lenders Dave's BiggerPockets Profile Stock Market Volatility Makes Real Estate Look a Whole Lot Better Invest in Any Market Cycle with “Recession-Proof Real Estate Investing” Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-304 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 13

Is the mortgage industry still safe? The Consumer Financial Protection Bureau (CFPB) has been ordered to halt all work while awaiting a new Trump-appointed director. While you may not often hear about this government agency, the CFPB plays a huge role in the mortgage industry and is the reason 2008-style lending practices have not been brought back to the market. With uncertainty surrounding the CFPB—will it be downsized, shut down, or remain unchanged?—many in the mortgage and real estate industries are concerned about what’s next . Chris Willis , host of The Consumer Finance Podcast , joins the show to share how the Trump administration is thinking of restructuring the CFPB and limiting the scope of its protections . Will the new CFPB director scale back some of the more inclusive mortgage lending practices or keep them the same? Could your bank account and credit card fees change due to a less strict CFPB directive, and what does this mean for YOU getting your next mortgage ? This agency has bigger effects than many Americans realize, so we’re sharing what’s coming next. In This Episode We Cover The Consumer Financial Protection Bureau (CFPB) explained, what they do, and how they influence mortgage lending Why the Trump administration is taking aim at this agency and halting work The one piece of legislation protecting strict mortgage laws in America (could it be changed?) The difference between Biden-led and Trump-led CFPB initiatives How the CFPB affects your mortgages, credit cards , and bank accounts And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the On the Market Newsletter Find Investor-Friendly Lenders Dave's BiggerPockets Profile On The Market 300 - Mortgage Rates Hit 2025 Low as Recession Fears Rise The Consumer Finance Podcast Grab Dave’s Newest Book, “Start with Strategy” Jump to topic: (00:00) Intro (00:41) The CFPB Explained (04:52) Taking Massive Financial Action (07:48) How the CFPB Affects Mortgages (09:57) Will Trump Administration End It? (15:35) Scaling Back the CFPB (16:49) These Changes Affect Americans (20:06) What Investors Must Watch Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-303 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 10

Mortgage rates are down, so the housing market should be entering a frenzy…right? Not quite. The buyer’s market seems alive and well, with sellers offering concessions as the housing market visibly “slows.” What’s causing it? New inventory hitting the market? Tariff talks leading to higher housing costs? We’re getting into it all in this episode as we hit on four of last week’s top headlines. First, how much will a new home cost now that tariffs are in place? With lumber , labor, and material prices all rising, there could be a five-figure added cost per home for homebuilders, making it even more expensive for buyers. Will labor costs continue to rise in 2025 after years of solid growth, or will renovators and flippers finally get relief? The housing market is slowing down even as we get closer to the spring homebuying season. Home prices are DOWN year-over-year, but one caveat makes this a half-truth. With more inventory hitting the market, buyers could have their pick! And that inventory could grow even greater as mortgage delinquencies start to rise —should we begin to worry? Enough speculation; let’s get into it! In This Episode We Cover How much more a new home will cost with the 2025 tariffs now put in place A worrying statistic about mortgage delinquencies investors must pay attention to Labor and material cost predictions for 2025: Can they keep rising? Updated housing inventory metrics and why sellers are struggling , ready to give concessions Why Henry really needs a hug this week And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the On the Market Newsletter Find Investor-Friendly Lenders Dave's BiggerPockets Profile Henry's BiggerPockets Profile James' BiggerPockets Profile Kathy's BiggerPockets Profile On The Market 301 - Mortgage Rates Fall EVEN Further as “Tariff Tuesday” Triggers Stock Sell-Off Here’s how tariffs will hit the U.S. housing market Construction Industry Cost Insights for Q1 2025 Realtor’s February 2025 Monthly Housing Market Trends Report Mortgage Delinquencies Increase in the Fourth Quarter of 2024 Case-Shiller Index Grab Henry’s Book, “Real Estate Deal Maker” Jump to topic: (00:00) Henry Needs a Hug (02:23) Homes Could Cost $10K More (08:04) Construction Prices Rise (11:36) The Market SLOWS Down (19:55) Mortgage Delinquencies Are UP Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-302 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 6

“Tariff Tuesday” just hit, and the economic ripple effects are already in motion. The stock market saw a significant sell-off , key recession indicators are flashing, and mortgage rates dropped yet again. These shifts could have a major impact on the economy, but will they spill over into real estate? And as an investor, could your costs rise even more? In this episode, Dave breaks down what actually happened on “Tariff Tuesday,” which tariffs were imposed, and how they could shape the months ahead. We’ll cover how different countries are responding and what this could mean for inflation , the stock market, and what you really want to hear about— mortgage rates . Could rates continue their months-long decline, or are we bottoming out for 2025? These new tariffs directly affect real estate investors and anyone within the industry, but is Dave changing his investing strategy for 2025? Should you second-guess your stock portfolio and search for more stable assets as the market rollercoaster continues? We’re getting into it in this episode! In This Episode We Cover The “recession indicators” going off that have economists and everyday Americans worried Why mortgage rates are FALLING even though inflation concerns are rising Whether tariffs will make real estate investing even more expensive (and which homes will be hit the hardest) The stock market ’s “Tariff Tuesday” reaction and what it signals about the economy Retaliatory tariffs and which countries are firing back at the Trump administration And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the On the Market Newsletter Find Investor-Friendly Lenders Dave's BiggerPockets Profile On the Market 293 - New Tariffs Mean Much More for Mortgage Rates Than You Think Invest in Any Market Cycle with “Recession-Proof Real Estate Investing" Sign Up for the On the Market Newsletter Find Investor-Friendly Lenders New Tariffs Mean Much More for Mortgage Rates Than You Think Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-301 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 3

Mortgage rates are now at their lowest point in months , giving homebuyers and real estate investors some much-needed relief. But it isn’t all good news. With lower mortgage rates comes more market volatility , a weaker job market, recession risks , and new inflation fears. A lot is impacting the housing market, and in a time when nothing seems to make sense, Dave is breaking down the logic behind why mortgage rates are falling even as the Fed pauses . First, let’s talk about the good news : mortgage rates dropping half a percentage point from their three-month high to hit a new 2025 low. This is great news for buying real estate but may signal a bigger, more substantial economic shift . The bad news? Americans are growing fearful of the economy. A recession seems like it’s still in the cards, unemployment is rising, high-paying jobs are getting terminated left and right, and everything costs more. With all that taken into account, what should YOU, a real estate investor, do right now to ensure you still build wealth regardless of which direction the market moves? Should you lock down a mortgage rate now or wait for even greater interest rate relief? Stick around; Dave is giving a full analysis of today’s economic state. In This Episode We Cover A new 2025 mortgage rate LOW as rates drop below the 7% threshold Why Americans are pinching pennies and fearing for the economy Is a recession still possible , or are we close enough to a “soft landing”? How tariffs, inflation , and job losses (NOT the Fed ) are moving mortgage rates What investors should do NOW if they’re under contract (or will be) for their next property And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the On the Market Newsletter Find Investor-Friendly Lenders Dave's BiggerPockets Profile On The Market 290 - Redfin: Tariff Fears Drive Up Mortgage Rates, Throwing 2025 Off-Track Consumer Confidence Survey Consumer Sentiment Index - University of Michigan Invest in Any Market Cycle with “Recession-Proof Real Estate Investing” Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-300 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Feb 27

Only two months into 2025, Zillow has significantly changed its original housing market prediction . With rising inventory, suppressed buyer demand from high mortgage rates, and sluggish market sentiment, Zillow’s home price forecast has been downgraded . Why the change, and what data is leading Zillow to project little or no home price growth this year? Orphe Divounguy , Senior Economist at Zillow, is on to share. With a downgraded forecast, the question becomes: is the housing market leveling off , or could we be in store for home price dips? How will rent prices be affected with the massive wave of multifamily construction finally starting to taper off? With less supply coming online, will these units get absorbed, resulting in higher rents for single-family homes ? Have we finally reached the supply-demand equilibrium, putting the housing market on pause ? What’s the one thing that could reignite buyer demand and lead to home price appreciation? Or, is this the new normal, and with little interest rate relief in sight, are we headed for years of a stagnant housing market? We’re getting Orphe’s expert take! In This Episode We Cover Zillow’s new February 2025 housing market forecast (and the sizable home price forecast downgrade) Why home prices are stagnating , and the one crucial factor causing this Mortgage rate predictions and whether we’ll see some real rate relief this year Single-family and multifamily rent price predictions for 2025 (which will see the most growth?) What should investors do : sit on the sidelines or capitalize on current conditions? And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the On the Market Newsletter Find Investor-Friendly Lenders Dave's BiggerPockets Profile BiggerPockets Real Estate 1083 - Feb 2025 Housing Market Update: Are Our Predictions Already Wrong? Zillow Home Value and Home Sales Forecast (February 2025) Grab Dave’s Book, “Real Estate by the Numbers” Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-299 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Feb 24

ICE’s February 2025 Mortgage Monitor report is out, revealing new data that may signal a “shift” in the housing market . Could these changes lead housing to bounce back or break down? One worrying metric is beginning to rise, but could it cause a downward spiral for the rest of the housing market? We’re uncovering it all on this episode with ICE’s Andy Walden . From mortgage delinquencies to interest rate fluctuations, insurance overhauls, and more buyer power, the housing market is changing quickly. We’ll first talk about why a specific subset of homeowners is becoming increasingly delinquent on their mortgage payments. This group makes up a significant portion of the market, but could this uptick trigger a rise in foreclosures ? California’s wildfires became one of the costliest natural disasters in history, and with insurance providers already struggling, you may begin to feel the fiery effects on your next insurance bill regardless of where you live. Finally, some great news for buyers as Andy shares his optimistic forecast for mortgage rates and housing inventory , making it easier for you to buy your next property. In This Episode We Cover The worrying housing market metric that could signal distress among homeowners Whether California’s wildfires could cause your insurance rates to jump Foreclosure activity and why it isn’t vastly increasing as unemployment rises and inflation melts away spending power Andy’s 2025 mortgage rate forecast and when rates could fall this year Why homebuyers could have even better choices come this spring homebuying season And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for the On the Market Newsletter Find Investor-Friendly Lenders Over 6 Million Americans Are Late on Their Mortgage Payments—Here’s What It Means for Investors February 2025 Mortgage Monitor Dave's BiggerPockets Profile Grab Dave’s Book, “Start with Strategy” Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-298 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Feb 20

There’s one key housing market factor that leads to home price growth . It doesn’t have to do with interest rates , property taxes , or weather. This single metric is the strongest predictor of your home price rising, staying stagnant, or falling. If you know where this metric is peaking, you can follow a data-driven trail to housing markets that will soon have higher home prices and get in before the masses. What’s the secret metric we’re talking about? Well, it’s not so much of a secret. This metric is easy to find online and can help you pinpoint markets with the highest potential for price growth . So, if it’s so easy to find, why isn’t every real estate investor using it? Mainly because most investors don’t know how important this metric is. But today, we’re showing you exactly how to track where home prices could rise , how to pinpoint the neighborhoods within your market that could experience high price growth, and why this easily available predictive metric may change as the economy shifts. In This Episode We Cover The number one way of predicting whether home prices will grow in an area How this metric strongly influences migration and brings more demand to cities Where to find this data for free and the easy way to predict home price growth Trends to start watching now that could foretell which cities will rise (and shrink) How to find the fast-growing (and stable) neighborhoods to invest in within your city And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Dave's BiggerPockets Profile BiggerPockets Daily 1431 - 12 Cities You’ll Regret You Didn’t Invest In 10 Years From Now Bureau of Labor Statistics Austin's BiggerPockets Profile Grab Dave’s Book, “Real Estate by the Numbers” Jump to topic: (00:00) #1 “Growth” Metric (04:01) Could Remote Work Change This? (08:13) These Jobs Push Prices UP (11:06) How to Predict Market Moves (15:45) Trends to Watch (19:15) Finding Growing Neighborhoods Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-297 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Feb 17

Is now the time to stop investing and start saving cash instead? As an “asset bubble” balloons larger and larger, every investment is looking overpriced. Homes are at all-time high prices with massive mortgage payments, stock price-to-earnings ratios are reaching dangerous levels, and Bitcoin is hovering around six figures . We constantly talk about how consistently investing in real estate leads to long-term wealth, but is now the time to pause? J Scott , the author of Recession-Proof Real Estate Investing and expert flipper , multifamily investor , and more, has significantly shifted how he’s using his money . While deals were plentiful before rates rose, they're now much harder to find—and not just in real estate. Who knows which tech and AI stocks will be worthless in a few years and which cryptos will crash? So, what should you do with your money at this inflection point in the economy? Should you hoard cash and wait for opportunities, or follow the “ dollar-cost averaging ” advice and invest regularly ? Will doing so cause you to miss out on opportunities if the economy begins to shift? We’re asking J his take in this episode! In This Episode We Cover J’s current investment portfolio and why he feels he has too much real estate Exactly what J would do today if he were given $100,000 to invest The 2025 “asset bubble” that has already formed (will it pop?) The assets J is selling and why he stresses diversification in a different way 2025 buying opportunities and the major discount you could score on one profitable type of real estate Why J thinks you should be putting MORE money down on your real estate deals now And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Sign Up for On the Market’s Newsletter Find Investor-friendly Tax and Financial Experts Dave's BiggerPockets Profile BiggerPockets Real Estate 1071 - The Macro Analysis is Clear: Why We Are Reallocating (Away From Stocks) to Real Estate in 2025 J's BiggerPockets Profile Grab J’s Book, “Recession-Proof Real Estate Investing” Jump to topic: (00:00) Intro (01:32) J’s Investment Portfolio (04:14) Don’t Buy Real Estate? (05:56) The 2025 “Asset Bubble” (09:46) Why J is Selling (17:31) Timing the Market, Worth It? (18:38) 2025 Buying Opportunities (27:06) Buy in Cash OR Hoard Cash? (33:10) Put MORE Money Down Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-296 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Feb 13

Interest rates are still rising even three years after the first rate hikes. So what should you do : wait to buy when rates are lower, sell the underperforming properties you have while prices are high, or keep buying in hopes you can refinance? We’re explaining what each of us is doing with our money during this seven-percent rate era, plus how to score a lower rate loan on rental properties most investors overlook. How is James planning on doubling his money even with high rates ? By bringing back a once-popular investing strategy, James is creating a win-win no matter what direction rates go. You can repeat this, too , if you know his plan. Kathy shares how you can lock in a lower mortgage rate by buying new construction , freeing up cash flow all while having close-to-zero maintenance costs. Henry shares some advice on why now is a solid time to think about selling the properties you don’t love and why high home prices can work in your favor whether you’re flipping , BRRRR-ing, or buy-and-holding. In This Episode We Cover How to still invest in real estate during high interest rates (plus our exact 2025 strategies) Why now may be the perfect time to sell the properties you’re tired of holding Better buying opportunities for new builds and how to score a low interest rate on a new property James’ plan to double his money (and create cash flow) with a refreshed type of BRRRR strategy The type of loan that has BETTER rates than residential financing (but can be used for rentals!) And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find Investor-Friendly Lenders Dave's BiggerPockets Profile Henry's BiggerPockets Profile James' BiggerPockets Profile Kathy's BiggerPockets Profile BiggerPockets Daily 1263 - Investors: Stop Worrying About Interest Rates—Here’s Why Right Now Is the Time to Buy Pick Your 2025 Investing Strategy with Dave’s Book, “Start with Strategy” Jump to topic: (00:00) Intro (03:02) Cash Flow Down, Prices Up (07:58) Better Opportunity to Buy? (12:26) Double Your Money with BRRRR (21:24) Lower Rate Loans/Strategies (26:23) “Debt Swap” Financing Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-295 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Feb 10

A startup surge is coming , bringing lots of money, jobs, and housing demand with it. But this time, it isn’t Silicon Valley, Seattle, or Miami bringing in the angel investors and seed funding rounds…it’s the Midwest ! This is no surprise—with lower home prices, higher affordability, favorable tax environments , and plenty of top universities, the Midwest could become a booming tech economy, but which cities will benefit most? Austin Wolff is back on the show, bringing the data with him, and he brought Chicago-based investor and agent Dan Nelson to share which cities are the best bet for real estate investors. We’re tackling the top five Midwest housing markets for startups , going through home prices, job growth, population growth, tax environment, and universities that could produce the educated employees startups rely on. Which markets could see killer appreciation (and cash flow ) once this startup boom solidifies? We’re giving you the full list in this episode! In This Episode We Cover How the Midwest slowly became a haven for startups and tech companies What makes a market “startup-friendly” and will lead to bigger business growth The number one market with affordable home prices and great universities —but there’s one downside to watch out for Midwest cities where you can still find high appreciation Is this soon-to-be chip manufacturing city already overhyped by real estate investors? The three markets we would buy rental properties in And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area 5 Reasons the Midwest is Hands Down the Best Place to Invest Dave's BiggerPockets Profile Midweststartups.com Austin's BiggerPockets Profile Dan's BiggerPockets Profile Grab Dave’s New Book, “Start with Strategy” Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-294 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Feb 6

Tariffs and trade wars could affect mortgage rates much more than most Americans think. You’ve heard on the news that tariffs on Canada mean higher gas prices, tariffs on Mexico mean a bigger grocery bill, and tariffs on China lead to electronics and appliances becoming even more expensive. However, as a real estate investor or homeowner waiting to refinance , the key number to watch for the impact of tariffs is interest rates . Today, we’re breaking down how the tariffs will affect you , which prices will rise , which real estate investments will become even more costly, and how interest rates have been held hostage by tariff threats. If tariffs are contributing to the current high mortgage rates, could tariff concessions lead to lower rates ? If President Trump can work out deals with trade partners, would this mean a cheaper mortgage payment? We’re breaking down tariffs, trade wars, rising prices, and how they’ll affect your real estate investments . In This Episode We Cover New tariff update : which countries have reached a deal and which are currently tariffed Why mortgage rates are surprisingly affected by tariffs and trade wars Who pays the tariffs once they’re in place (most Americans have this WRONG ) A post-tariff inflation prediction and whether we’ll bump back to pandemic inflation levels Trump’s two primary goals for imposing tariffs on Canada, Mexico, and China And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find Investor-Friendly Lenders Dave's BiggerPockets Profile On The Market 290 - Redfin: Tariff Fears Drive Up Mortgage Rates, Throwing 2025 Off-Track Know the Numbers BEFORE You Invest with “Real Estate by the Numbers” Jump to topic: (00:00) Intro (03:21) Tariffs Imposed, Now Paused (05:26) Trump’s Tariff Goal (07:48) Who Pays the Tariff? (12:17) Inflation Prediction (13:19) Which Prices Will Rise? (16:49) Cars Could Cost Much More (19:04) China's 10% Tariff Starts Now (20:24) Big Mortgage Rate Effects Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-293 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Feb 3

With evidence of a global recession piling up, Americans have just one question— will we be affected? So far, everything is going well for the US. Job growth continues, unemployment is low, and asset prices are high, but with the global economy becoming increasingly interlinked, could a crash in Europe or Asia pull us down with them? Mark Zandi , Chief Economist of Moody's Analytics , has a contrarian viewpoint that defies the masses. But Mark has bigger worries than a global recession taking down the US economy. We could be our own worst enemy as “tinder” for an interest rate fire begins to pile up , and the bond market may be more than ready to light it. Even with President Trump’s push for lower interest rates and the Fed pausing rate cuts , could we see mortgage rates fly up higher, defying the system meant to keep them in check? Plus, what does DeepSeek’s entry into the AI race mean for the US economy? Could this cheaper, sleeker AI bring serious competition not only to the US AI market but also to chip manufacturers whose stock prices have been carrying the market to record highs? It’s a lot to unpack, but Mark does a phenomenal job laying it all out. In This Episode We Cover Whether the US’s strong economy could falter during the next global recession DeepSeek’s threat to the US tech market and whether we’re facing another “dot-com bubble” scenario Why interest rates are scarily close to rising again as the bond market gets increasingly frustrated The catalyst for home prices to drop with so many “locked-in” homeowners Are stocks way too overvalued with price-to-earnings ratios at record highs? And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find Investor-Friendly Lenders Dave's BiggerPockets Profile On the Market 285 - Bond “Vigilantes” Hold Interest Rates Hostage as Rate Cut Hopes Shrink Mark’s X/Twitter Grab the Book, “Recession-Proof Real Estate Investing” Jump to topic: (00:00) Intro (00:44) An “Exceptional” Economy, But… (04:53) Tariffs Could Cost Us (08:13) Why America is Winning (10:46) Global Recession? (12:44) Massive Interest Rate Risk (20:23) Could Home Prices Fall? (23:30) DeepSeek Changes AI Race Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-292 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jan 30

Which real estate trends could make you wealthier in 2025 ? Every year, it’s something new. A few years ago, it was short-term rentals, then mid-term rentals and multifamily investing took over. Now, the housing market has changed once again, and those same real estate investing trends aren’t so hot. So, what can you invest in NOW that gives you the highest return on the market before other investors realize it? Today, we’re touching on three housing market trends that will skyrocket in 2025 . Two of these are investing strategies that are making savvy investors serious money , and one is something EVERY single investor (and homeowner) must be aware of, or you could be stuck with a property bleeding money. We’ll talk about the increase in “density” investing exploding demand for one often-overlooked type of asset, what to do when your cash flow is low in the wake of rising expenses, and why the silver tsunami may become the cash flow tsunami for one specific property. In This Episode We Cover The one investment property that can make you $10,000 - $15,000 per MONTH in cash flow (it’s way smaller than you think) Why local governments are pushing investors to build “dense” housing units Is cash flow dead as expenses rise and rents stay stagnant? Why smart investors are selling some of their properties that don’t meet THIS criteria When James says to NOT build an ADU (or DADU) on your property And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find Investor-Friendly Lenders Dave's BiggerPockets Profile Henry's BiggerPockets Profile James' BiggerPockets Profile Kathy's BiggerPockets Profile BiggerPockets Daily 1334 - A Wave of Zoning Law Changes Could Have Huge Impacts for Investors and Housing—Here’s What You Need to Know Grab Dave’s Book “Start with Strategy” Jump to topic: (00:00) Intro (00:38) "Density" Investing with DADUs (10:54) Is Cash Flow Dead? (19:08) Assisted Living Demand Explodes Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-291 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jan 27

Could Trump’s proposed tariffs be the reason for the recent rise in mortgage rates ? Could this slow the housing market and cause affordability to get worse? What happens if rates stay higher for longer and more homebuyers get kicked out of the market? We’re talking to Redfin’s Chen Zhao about how tariffs will affect you and the surprising findings from a new homeowner survey foreshadowing something none of us wanted to see about housing inventory. Tariffs could change many things: they could increase construction costs for houses, lead to higher inflation and higher mortgage rates , or put jobs back into American communities. Does the market believe the Trump administration will go forward with their flat tariff for most countries? Or will they pick and choose specific exporters within specific countries to tack a tariff onto? Plus, why are sixty percent of homeowners planning NOT to sell their homes in the near future or…ever? If higher mortgage rates remain, will all those homeowners with low mortgage rates stay put without downsizing or moving, locking up housing inventory tighter than it currently is? It’s possible, potentially leading to long-term declines in real estate prices . But don’t worry, Chen breaks down the entire timeline. In This Episode We Cover Trump’s tariffs and the effect they’re having on mortgage rates Redfin’s shocking new homeowner survey that points to more locked-up inventory Is a real estate price correction coming? Why prices could slump after rising Whether or not the market thinks Trump will go forward with vast tariff proposals Why interest rates could stay higher for longer than many of us expected And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find Investor-Friendly Lenders Dave's BiggerPockets Profile BiggerPockets Daily Podcast 1263 - Investors: Stop Worrying About Interest Rates—Here’s Why Right Now Is the Time to Buy Redfin: More Than One-Third of Homeowners Say They’ll Never Sell Grab Dave’s Book, “Real Estate by the Numbers” Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-290 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jan 23

The housing market is changing. Some once- hot markets are showing signs of becoming buyer's markets , giving you a better opportunity to snag your next real estate deal . With days-on-market growing but underlying fundamentals looking strong, this could be one of the best times to buy houses in cities that have phenomenal long-term potential but haven't heated up again to become seller's markets. Why not skip the competition and buy in great markets beginning to cool? Today, we share some of the best markets to buy in, with the biggest investment opportunities . Data scientist Austin Wolff is back to talk about the "coldest" markets that have the best buying potential and some affordable cities that still have below-average home prices but well above-average housing market metrics. We're talking about why these buyer's markets are suddenly emerging, Dave's favorite "cold" market with serious potential, Kathy's famous money-making market seeing massive job growth, and what to look for when buying in these (temporarily) chilled housing markets. In This Episode We Cover The new buyer's markets that boast solid housing market fundamentals Why some of the nation's top markets are seeing days-on-market rise Have homeowners finally accepted this new normal and are ready to sell? Kathy's number one tip when buying and rehabbing older homes The neighborhoods Dave's looking to buy in (long-term rent growth potential) And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Grab the Housing Market Data from Today’s Show Dave's BiggerPockets Profile Kathy's BiggerPockets Profile Austin's BiggerPockets Profile Know the Numbers Before You Buy with “Real Estate By the Numbers” Jump to topic: (00:00) Intro (02:15) Why Housing is “Thawing” (05:24) Signs Your Market is Slowing (11:00) Buyer’s Markets Emerge (15:19) New Buyer’s Markets (21:10) Dave's Favorite “Cold” Market (23:40) Do This Before Buying Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-289 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jan 20

We’ve got great news for investors , agents, lenders, and first-time homebuyers : housing inventory is about to rise…big time . After years of limited inventory, with homebuyers fighting tooth and nail to get into just about any home, the tide is finally turning. Rick Sharga from CJ Patrick Company brings new data and insight to the show, sharing why we could return to pre-pandemic housing inventory levels by the end of 2025 . Why is that good news for so many of us? Because home prices could slow , if not drop, in some markets as buyers get a better selection of houses to choose from . Those “locked-in” owners with rock-bottom interest rates have waited long enough to sell, and 2025 could be the time they put their homes on the market. But if a new wave of inventory hits the housing market , are we at risk of a home price correction or a crash? Rick shares what the data shows and why investors are so pessimistic about the current housing market , even with the inventory forecasts looking so good. Will foreclosures rise again as consumer debt hits an all-time high? Could more off-market deals be in the pipeline in 2025? We’re asking Rick and getting answers to all those questions in today’s show. In This Episode We Cover A historic housing inventory rebound and why this is great news for buyers, agents, and lenders Whether home prices will grow, stabilize, or crash with so much new inventory coming online The new Investor Sentiment Survey and why optimism fell off a cliff in Q4 2024 The single-biggest worry for rental property investors in 2025 and why it may get worse How to still find motivated sellers even with foreclosures at low levels And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Dave's BiggerPockets Profile BiggerPockets Real Estate Podcast 1065 - It’s About to Get Good! (2025 Housing Market Predictions) CJ Patrick Company Investor Sentiment Survey Grab Dave’s New Book, “Start with Strategy” Jump to topic: (00:00) Intro (01:15) Housing Inventory to Rebound in 2025 (06:27) Home Price Growth to Slow (08:45) Could Home Prices Crash? (15:43) Investor Sentiment Falls (21:53) Top Rising Cost for Rentals (27:27) Foreclosure Deals? Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-288 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jan 16

Will these cities become the best real estate markets of 2025 ? Norada Real Estate Investments, a turnkey real estate provider, thinks so. So today, we brought back data analyst Austin Wolff and short-term rental expert Garrett Brown to give their takes on the markets Norada is calling some of the hottest for this year. Some make complete sense to us, but we’re a bit cautious of others. That being said, the number one market on the list is one we can ALL agree with. Austin and Garrett are on today to give both a long-term and short-term rental perspective . Some of these cities show tremendous economic growth, but will that be enough for an Airbnb to succeed in the area? Could stricter short-term regulations make long-term rentals a better option in these cities? We’re diving into each of the top five cities and giving our thoughts on which investments will work, which won’t, and whether we’d buy there . Plus, the number one market on the list is getting us all very excited . With massive economic upside and fundamentals that make it great for long- and short-term rentals, this is one market every investor should watch closely—or even consider buying in. In This Episode We Cover Norada’s top real estate markets of 2025 (and whether we agree with them) 2025’s number-one real estate investing city that we are all extremely bullish on Criteria you can use to judge any real estate investing area (economy, housing supply , etc.) Why some of the top cities do NOT make good short-term rental markets One city that is currently struggling but has tremendous future potential And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Read Dave’s “2025 State of Real Estate Investing Report” Find an Investor-Friendly Agent in Your Area Dave's BiggerPockets Profile 13 Real Estate Hot Spots You Won’t Want to Miss Next Year On the Market 270 - 13 Real Estate “Hotspots” to Invest In (2025 Update) w/Austin Wolff Norada’s Top Real Estate Investing Markets for 2025 Austin's BiggerPockets Profile Garrett's BiggerPockets Profile Jump to topic: (00:00) Intro (03:44) 5. Phoenix, Arizona (09:40) 4. Tampa, Florida (13:29) 3. Austin, Texas (Really?) (16:29) 2. Nashville, Tennessee (24:13) The #1 Market Is... (29:02) Other Top Real Estate Markets Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-287 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jan 13

There will be some huge changes to the real estate market not only in 2025 but through 2028. With signs pointing to a supply slowdown, this may be one of the last chances to invest in real estate before prices, rents, and demand significantly rise . So today, right at the start of 2025, bringing on co-host and expert flipper James Dainard and multifamily expert (who correctly predicted the commercial real estate crash ) Brian Burke to share the best strategies for 2025 and beyond. Every year, more and more people say it’s not the right time to buy real estate, only for them to return the next year and wish they had purchased real estate. Let’s make sure that isn’t you in 2026. We’re seeing some massive opportunities , with substantial price cuts in multifamily. But that’s not all; there are single-family deals to be done in markets that the masses overlook entirely. James and Brian even share what they’re trying to buy in 2025 , the markets they think will have the best growth over the next ten years, and why you should be trying your absolute hardest to purchase investment properties before 2027 (we’ll get into why in the episode!). Grab the “2025 State of Real Estate Investing” Report! In This Episode We Cover 2025 housing market predictions and why we believe we’re entering a new “cycle” The one investment strategy that works in ANY market and is best for 2025 Overlooked real estate markets (STRONG fundamentals) everyone is ignoring right now Why multifamily may have even better deals to come this year (the crash isn’t over?) The supply bottleneck we’re about to slam into in 2027 and how to take advantage in 2025 Most significant risks to real estate that we’re foreseeing for 2025 (and how to survive them) And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Grab the “2025 State of Real Estate Investing” Report Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Dave's BiggerPockets Profile James' BiggerPockets Profile BiggerPockets Real Estate Podcast 1066 - The State of Real Estate Investing: What You Need to Know for 2025 Brian's BiggerPockets Profile Grab Dave’s Book, “Start with Strategy” Jump to topic: (00:00) Intro (01:17) Has the Market Bottomed? (10:06) Expectations for This New "Cycle" (13:01) Keep Buying Rentals? (15:48) Huge Multifamily Discounts (22:02) Massive Buying Opportunities (32:24) Biggest Risks to Real Estate (38:41) What We're Buying in 2025 Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-286 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jan 9

Interest rates are up yet again, even after multiple Fed rate cuts in 2024. What’s happening, and how long can this last? Bond investors worry inflation is here to stay. This concern forces bond yields—and mortgage rates —to grow. Can Jerome Powell and the Federal Reserve do anything to ease investors’ minds or do we have a long road of high rates ahead of us? We’re getting into it in this headlines show! Don’t let rising rates stop you from building wealth; we have more stories that showcase an optimistic future outlook for real estate investors . From an incoming commercial real estate recovery that has been multiple years in the making to sellers finally submitting to the market and putting their homes up for sale , it’s not all bad news going into 2025. One natural disaster-ravaged state finally puts its foot down and forces insurance companies to write policies in risky areas. Is this a much-needed government intervention, or will this shift the burden of high insurance costs onto investors and homeowners? We’re sharing our opinion in this episode! In This Episode We Cover The “bond vigilantes” that are keeping yields high and rates above seven percent Why, even after multiple Fed rate cuts , interest rates continue to rise The commercial real estate recovery and whether we’re at the bottom for this struggling asset class Pricey home insurance premiums and the one state that’s forcing new policies to be written Housing inventory updates and a sign that owners are finally ready to sell their low-rate homes And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find Investor-Friendly Lenders Dave's BiggerPockets Profile Henry's BiggerPockets Profile James' BiggerPockets Profile Kathy's BiggerPockets Profile The Fed Cut Rates Again, But Could It Be the Last One? Treasury yields end 2024 with biggest yearly surge since historic 2022 rout California will require home insurers to offer policies in high-risk wildfire areas Will 2025 be a pivotal year of recovery in commercial real estate? Redfin Reports New Listings Rise 8%, Giving the New Year’s Buyers More Homes to Choose From Run Your Real Estate Numbers the Right Way with Dave’s Book, “Real Estate by the Numbers” Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-285 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jan 6

Welcome to the 2025 housing marke t! It’s a new year, and if you’re ready to invest more, get closer to financial independence , or finally find and buy your first home , we’re here to help. We’ve got BIG plans for 2025 and are watching some key economic indicators to help us decide what to do next. But we have already zeroed in on a few investments we’re eager to invest in. Curious about where we’re putting our money in 2025? We’ll share exactly where—and why! We’re recapping our 2024 progress and giving you tips on what to buy based on your goals . Some of us are scaling down this year while others are scaling up, but we all have the same advice for someone who wants to get into the real estate investing game . If you follow this simple, repeatable path we’re laying down, you’ll be investing in no time. Don’t let 2025 pass you by! You could regret sitting on the sidelines! Tune in, take notes, and let’s get wealthier together this year! In This Episode We Cover Why 2025 is already shaping up to be an excellent year for real estate investors and homeowners Dave’s 2025 mortgage rate range and whether we’ll see some interest rate relief The reason why home prices could still grow even with so many potential homebuyers sitting on the sidelines Are foreclosures and mortgage delinquencies a threat to the housing market? Why 2026 could be the year everything changes for rent prices (and what to expect in 2025) And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Dave's BiggerPockets Profile BiggerPockets Real Estate Podcast 1041 - How to Invest in Real Estate in 2025 (with NO Experience) Get Ready to Invest with Dave’s Book “Start with Strategy” Jump to topic: (00:00) Intro (00:58) Are We at the Bottom? (01:59) Mortgage Rate Prediction (06:38) Home Price Growth Prediction (12:04) Trump’s Taxes and Tariffs (14:14) Rent Price Growth Prediction Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-284 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jan 2

Welcome to the 2025 housing marke t! It’s a new year, and if you’re ready to invest more, get closer to financial independence , or finally find and buy your first home , we’re here to help. We’ve got BIG plans for 2025 and are watching some key economic indicators to help us decide what to do next. But we have already zeroed in on a few investments we’re eager to invest in. Curious about where we’re putting our money in 2025? We’ll share exactly where—and why! We’re recapping our 2024 progress and giving you tips on what to buy based on your goals . Some of us are scaling down this year while others are scaling up, but we all have the same advice for someone who wants to get into the real estate investing game . If you follow this simple, repeatable path we’re laying down, you’ll be investing in no time. Don’t let 2025 pass you by! You could regret sitting on the sidelines! Tune in, take notes, and let’s get wealthier together this year! In This Episode We Cover The easiest way for beginners to start investing in real estate in 2025 Key economic indicators we’re watching during the 2025 housing market What strategies we’re switching up in 2025 —and what won’t work this year How to invest based on your goals and whether you should prioritize active vs. passive income Our 2025 goals : how many properties we’ll buy, flip, or test with new strategies And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find Investor-Friendly Lenders Dave's BiggerPockets Profile Henry's BiggerPockets Profile James' BiggerPockets Profile Kathy's BiggerPockets Profile On The Market 269 - 2025 Housing Market Predictions (+ How’d We Do Last Time?) Grab Henry’s New Book, “Real Estate Deal Maker” The House Flipping Framework Scaling Smart Start with Strategy Jump to topic: (00:00) Intro (03:47) How to Start in 2025 (17:26) What to Buy (Based On YOUR Goals) (22:51) Our 2025 Goals (33:47) What We're Looking Forward To Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-283 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Dec 30, 2024

Are we finally at the end stages of this harsh housing market? With housing inventory increasing, mortgage rates steadily falling, and inflation cooling, we might be returning to a much healthier time to buy a house . But one of these improvements we’ve seen over the past year could begin reversing, and that’s creating some interesting future scenarios. One that even we’re surprised to hear as we bring on top housing market analyst Logan Mohtashami . Logan has referred to 2022-2023’s housing market as “savagely unhealthy,” but he’s a bit more optimistic now that we’re seeing relief. While we’re still not at 2019 inventory levels (which were already low), we’re slowly getting there. However, we could see the positive inventory trend start to reverse, leading to even more affordability problems for homebuyers. So what has to happen for affordability to see meaningful improvement? Today, Logan is giving us his take on housing inventory , where mortgage rates could be heading, and why we may NOT see a spike in home prices even if rates fall significantly (something most analysts are bullish on). In This Episode We Cover Logan’s housing market, mortgage rate, and inventory forecast Why our increasing housing inventory could reverse once rates start to fall The one thing holding affordability back and whether Logan has hopes of it improving Why watching the labor market and jobs numbers will help you predict mortgage rates Were we wrong about the “lower rates = higher home prices” premise? And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find Investor-Friendly Lenders Dave's BiggerPockets Profile On The Market 86 - Here’s What Will Cause Mortgage Rates to Finally Fall w/Logan Mohtashami Learn More from Logan Know the Ins-and-Outs of Real Estate with “Real Estate by the Numbers” Jump to topic: 00:00 Intro 00:58 The "Baby Pivot" Stage 04:33 The Home Sales Recession 07:36 Housing Inventory Update 14:17 Rates Will Decline MORE If... 18:47 Mortgage Rate Forecast 23:35 When Will Affordability Improve? 27:53 Biggest Takeaways Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-282 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Dec 26, 2024

Which investing trends could make you wealthy in 2024? First, we had long-term rentals, then the BRRRR strategy , short-term rentals, medium-term rentals, syndications…the list goes on and on. And while trends come and go, acting on them at the right time could be your ticket to financial freedom . So, which trends are worth investing in this year, and which are dying out and should be avoided? We’re giving our takes on this episode. Some of the trends in this episode are brand new—only with advanced technology have these investments even been made possible, but some are trends you may already be part of. From room rentals to very flexible commercial investments , Elon Musk’s new affordable housing , and a way to “build” your own one percent rule properties, these trends have gone mostly unnoticed but are sure to catch fire in the coming years. But, some trends that exploded over the pandemic should be put to rest . These once cash-flowing investments reached their heyday in 2022 and 2023 and are slowly becoming lackluster (and often dangerous) investments for new investors. Which tactics are we talking about? Stick around to find out! In This Episode We Cover Future real estate investing trends that could offer BIG cash flow in 2024 and 2025 The flexible commercial real estate investment that online businesses rely on to survive Kathy’s billion-dollar idea for a match-making app using this specific strategy How to maximize your dollar per square foot by renting out PARTS of your property The new smart homes that could finally solve the affordable housing problem How to create the one percent rule (EVEN in 2024) by building your own rentals Dying trends that are seeing low cash flow, high vacancies, and tough turnover And So Much More! Links from the Show Top 10 Real Estate Markets for Cash Flow Cash Flow For Rental Properties: What is Average or Good? Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-281 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Dec 23, 2024

Redfin just released their highly-anticipated 2025 housing market forecast , and today, we’re reacting to each of their ten crucial housing market predictions . We’re touching on the exact numbers you want to hear about— home prices , mortgage rates , home sales , rent prices , and housing supply. Knowing what’s coming could give you an edge as an investor, agent, or first-time homebuyer. First, we’re reviewing Redfin’s home price predictions for 2025 . Will things get any more affordable, or will high home prices persist into 2025? Will mortgage rates finally reach the low sixes , maybe even into the high fives? Dave disagrees with Redfin’s take on interest rates , so where does he think they’ll be headed? If you’re a real estate agent , broker, loan officer, or in the industry, listen up! Redfin has some good news you want to hear about home sales ! Renters and landlords, take note—Redfin’s predictions suggest rents could become more affordable for everyday Americans. But that’s not all; we’ll also review their housing inventory, agent commission, and migration predictions for 2025! In This Episode We Cover Redfin’s notable 2025 mortgage rate prediction that most homebuyers DON’T want to hear 2025 home price forecast and whether or not we’ll continue to see prices climb The “step in the right direction” for home sales coming in 2025 Why homebuilders are getting bullish thanks to the 2024 Republican sweep Why Gen Z may be the first generation to give up on homebuying And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find Investor-Friendly Lenders Dave's BiggerPockets Profile On the Market 269 - 2025 Housing Market Predictions (+ How’d We Do Last Time?) BiggerPockets YouTube Redfin’s 2025 Predictions The BiggerPockets Real Estate Podcast Grab Dave’s New Book, “Start with Strategy” Jump to topic: (00:00) Intro (01:22) 1. Home Prices to Rise (05:49) 2. Mortgage Rates Remain High (10:15) 3. Home Sales Will Rebound (13:36) 4. Affordable Rents? (18:46) 5. More Homebuilding, But… (21:58) Agent Commissions, Gen Z, and More Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-280 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Dec 19, 2024

If you didn’t buy real estate in 2024, you missed out. While all the YouTube crash bros and mainstream media were hyping up how overpriced the real estate market is , we were out buying deals—and we bet many of you were, too! So, as we wind down 2024, we’re looking back on the best real estate deals we did this year and how 2024 turned out to be a much more profitable investing year than any of us would have expected. For some of us, 2024 was our best year yet for real estate investing ! One of us made half a million dollars (yes, $500,000+) on a single real estate transaction . We picked up on-market deals for fifty percent off (while the competition completely overlooked them) and sold house flips for higher-than-asking-price as buyers returned to the market. We’re sharing our actual profit numbers , exactly how much we bought (and sold) some of these properties for, and the tactics we used to beat the masses. If you didn’t invest in 2024, don’t miss out again in 2025 —there are still plenty of great opportunities waiting! In This Episode We Cover Why 2024 was a surprisingly good year for real estate investing (we’re proof!) The “goldmine” property that resulted in a $500,000+ profit The trick Henry used to get WAY more bidders on his house flip and sell for over-asking price Why Dave makes offers on houses during the holiday season to get HUGE discounts The tax “loophole” (if you want to call it that) that Kathy used to get a $100,000 write-off ! And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Dave's BiggerPockets Profile Henry's BiggerPockets Profile James' BiggerPockets Profile Kathy's BiggerPockets Profile BiggerPockets Daily 1135 - 30 Ways Find Good Real Estate Deals In 2024 Learn to Flip Just Like James With His New Book, “The House Flipping Framework” Jump to topic: (00:00) Intro (02:10) $70K Profit Home Run Flip (11:52) Saving $100K in Taxes! (17:36) Grandma’s GOLDMINE (Unbelievable!) (25:03) 50% Discounted On-Market Deal Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-279 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Dec 16, 2024

Ever seen those YouTube videos titled “A housing crash is coming THIS year!” or “Prices are falling 50% in *insert state*” ? If so, you’re not alone. There’s so much housing market clickbait being thrown at you daily that it’s hard to distinguish the actual data from the “expert takes” only done for clicks. So today, we’re breaking down some of th e most hyped housing market takes from YouTube , examining the data they’re using , and giving our thoughts. To join us is Jeb Smith , a real estate broker associate with over 18 years of experience and a fellow YouTuber who’s just as tired as we are of the constant “crash bros” populating your YouTube homepage. Together, Dave and Jeb are breaking down a couple of recent videos, one talking about the “50% price cuts in California” and a “major housing crash,” as well as one video anticipating that “all hell breaks loose” come this December (wait, isn’t it December already?) Together, our goal is to ensure you never get fooled by easily manipulated data so you can make the best investing decisions . In This Episode We Cover The “major housing crash” coming to California and whether there’s truth in this Why one real estate media channel thinks all hell will break loose soon Demystifying the data behind the real estate “crash bros” on YouTube Whether Jeb believes home prices will rise (or fall) in the coming year Housing market data that WE trust to make our real estate predictions , forecasts, and investing decisions And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Dave's BiggerPockets Profile On The Market 128 - The Worst Real Estate Investing Advice Grab Dave’s Book, “Real Estate by the Numbers” Connect with Jeb: Jeb's BiggerPockets Profile Jeb's YouTube Jump to topic: (00:00) Intro (01:08) “Major California Housing Crash!” (12:58) The Truth About California (20:19) “All Hell Breaks Loose!” (30:27) Don’t Get Fooled by This (33:54) Debunking the Clickbait (39:11) Connect with Jeb! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-278 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Dec 12, 2024

Disclaimer: Opinions expressed in this episode and written below are solely opinions of the hosts, guests, and writers and do not reflect the views of BiggerPockets. Is it about to get even worse for NAR ( National Association of Realtors )? After a ground-breaking agent commission lawsuit settlement forced the organization to pay out hundreds of millions, NAR has been on thin ice. They had just come off of a massive change in leadership , with some executives facing sexual harassment accusations , only to have the spotlight put on them once again. But it’s not over. A new investigative piece from The New York Times reporter Debra Kamin uncovers a web of hidden donations to political groups that many NAR members aren’t aware of. NAR, the largest lobbyist group in the country, is well-known for donating to political causes that benefit their industry. However, it seems those donations heavily lean to one side of the political spectrum . So, is this a problem? Could it even be illegal? Debra reveals that many of these donations go to groups unrelated to real estate , leaving some members frustrated with how their dues are being spent. Could this be the final blow to NAR, paving the way for more competition among real estate agent organizations? Debra is on to break the story. In This Episode We Cover The new investigation on where NAR “donations” and member dues are going NAR’s recent turmoil with massive lawsuits, sexual harassment accusations, and more What do realtors think of their dues being spent on fringe political causes? The future of NAR and whether they’ll recover from their recent internal challenges A new DOJ (department of justice) investigation into NAR and whether members will leave And So Much More! Links from the Show Read the Full Article Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Dave's BiggerPockets Profile On the Market 197 - NAR Finally Faces Competition: Is the Agent “Monopoly” Over? w/Jason Haber and Mauricio Umansky On the Market 201 - Breaking: NAR Settles for $418M, Buying and Selling Homes Could Change Forever w/The New York Times’ Debra Kamin Grab the Book “SOLD: Every Real Estate Agent’s Guide” Jump to topic: 00:00 Intro 01:30 NAR Turmoil 03:46 The Largest Lobbyist Group 08:53 Quietly Funding Political Causes 14:17 Is This Illegal? 17:29 What Realtors Think 20:40 The Future of NAR 26:58 Read the Full Story Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-277 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Dec 9, 2024

“Return to office” mandates from the tech and finance industries are coming rapidly. But they’re not just going back to the downtown areas. Return to office (RTO) calls could cause a surprisingly beneficial boost to suburban areas , even as employees are forced back into the office. This has enormous effects on landlords and real estate investors, as the hottest place to own a home might actually be somewhere outside of the city center. Matt Reidy , Director of CRE Economics at Moody’s Analytics , joined us to give a full update. Matt talks about the potential office comeback that could be taking place and the one type of office investment that is outperforming the rest. However, office vacancies are still at an all-time high, and companies are starting to get creative. Could a move into the suburbs help entice employees by keeping commute times minimal? This could be great news for residential investors outside the cities, as “live, work, play” environments could become a hot commodity. In This Episode We Cover Why more companies are looking for suburban offices to win back employees The revival of downtowns and why they’re growing, even with high office vacancy One type of office investment that’s outperforming the competition significantly Rent price growth predictions for 2025 and 2026 Whether office work is here to stay or the “hybrid” model will become the new norm And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Dave's BiggerPockets Profile Good News For Investors—Commercial Real Estate is Finally Catching a Break Read More from Matt Grab Dave’s New Book, “Start with Strategy” Jump to topic: (00:00) Intro (01:30) The Return to Office (03:20) An Office Comeback? (07:12) Offices Move to Suburbs (11:02) Are Downtowns Declining? (17:37) Suburban Demand Grows (21:33) Good News for Investors Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-276 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Dec 5, 2024

Are we in store for another agent commission lawsuit battle? Why are home sales spiking right after the election? And guess what…it’s not investors buying up all the houses this time. We’re getting into the biggest housing market news in today’s headlines episode! Plus, we’re sharing exactly what you need to do TODAY to still get real estate deals done, even with high interest rates and higher home prices. Home tours are surging after the election as potential homebuyers breathe a sigh of relief knowing that 24/7 election coverage has finally ceased. But it’s not the investors who are coming back to buy the houses. Investor purchase numbers are falling , so why are landlords sitting on the sidelines this time? And say it ain’t so…another real estate agent commission lawsuit could be on the way as the Department of Justice finds faults in the NAR settlement . What does this mean for agents, brokers, and realtors? Will an easily browsable listing site like Zillow take over in place of real-life realtors? Some worry a Zillow “monopoly” could be forming. We’re sharing what we think in this episode. In This Episode We Cover Why home sales are starting to jump after the 2024 presidential election results The future of agent commissions and whether they could be regulated even more The Zillow “monopoly” that some worry will overtake the NAR (National Association of Realtors) What’s causing investor purchases to shrink since the pandemic? Where James and Kathy see investing opportunity in the 2025 housing market And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE ? Find an Investor-Friendly Agent in Your Area Dave's BiggerPockets Profile James' BiggerPockets Profile Kathy's BiggerPockets Profile On The Market Podcast 201 - NAR Settles for $418M, Buying and Selling Homes Could Change Forever Pending Home Sales Rise After Post-Election Surge in Home Tours The battle against 6% broker fees isn’t over after a surprise 11th hour court filing Zillow’s Takeover of the Real Estate Industry: The Path to Monopoly Investor Home Purchases Plateau After a Pandemic-Era Rollercoaster Ride Grab Dave’s Newest Book, “Start with Strategy” Jump to topic: (00:00) Intro (00:58) Post-Election Home Sales JUMP (09:56) Another Agent Commission Lawsuit? (18:07) The Zillow “Monopoly” (21:44) Investor Sales Shrink (34:10) Stick Around for This! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-275 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Dec 2, 2024

It’s the season for housing market predictions , and we know who to call! Altos Research and HousingWire’s Mike Simonsen joins the show to share where his team thinks mortgage rates , home prices , housing inventory, and buyer demand will be in 2025. Every year, the HousingWire team puts together a phenomenal housing market forecast , touching on the topics investors, agents , lenders, and housing nerds care about while recapping the wildest surprises of the year prior. Will mortgage rates finally fall below six percent in 2025? Will home prices dip with housing inventory up a substantial percentage year-over-year? And could agents and lenders finally get some relief with home sales, or will we still see sluggish purchasing and buyer activity? Not to spoil it, but Mike is optimistic about the 2025 housing market and what will come over the next twelve months. Mike breaks down each prediction and what could affect YOU the most, whether you’re buying or selling homes. Plus, he shares the one metric his team is watching carefully to see which direction the 2025 housing market is headed. In This Episode We Cover HousingWire’s 2025 housing market forecast and 2024 housing market recap The mortgage rate range you can expect over the next twelve months Home price growth and exactly how much the HousingWire team expects in 2025 Why housing inventory is starting to climb again (and whether it will continue in 2025) One metric Mike and his team are paying very close attention to in 2025 The market’s reaction to the 2024 election and President-Elect Trump’s win And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find Investor-Friendly Lenders Dave's BiggerPockets Profile On The Market Podcast 269 - 2025 Housing Market Predictions (+ How’d We Do Last Time?) Altos Research HousingWire’s 2025 Housing Market Forecast Get Ready to Invest in 2025 with Dave’s Book, “Start with Strategy” Jump to topic: (00:00) Intro (01:05) Biggest Surprise of 2024 (03:17) Housing Inventory Up 27%! (08:42) American Migration Freezes (12:57) 2025 Mortgage Rates (16:46) More Homes on the Market? (18:20) Post-Election Housing Market Changes (27:08) Home Price Forecast (27:49) One Thing to WATCH Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-274 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Nov 28, 2024

Discounted real estate deals could be coming THIS winter as the housing market begins to “thaw.” Today, Dave is flying solo, bringing you a housing market update on all the crucial factors real estate investors are looking at—home prices , mortgage rates , housing supply, and rent prices . Even with home sales falling by a massive margin, home prices are still at all-time highs, and the housing market is “stuck,” but we could see some sellers taking price cuts this winter if you’re willing to take advantage. Okay, but how can home prices still be THIS high when the total home sales are twenty percent lower than average and around fifty percent under the recent highs? It’s simple— affordability struggles . High rates, high prices, and “locked-in” homeowners staying in place keep the market frozen. So, why does Dave believe sellers will be more inclined to drop their prices this winter ? Where does he believe interest rates will be by the end of the year? And what’s the one thing that could get the housing market “unstuck” ? In This Episode We Cover Why Dave believes real estate deals are coming THIS winter Mortgage rate predictions and how low rates could go by the end of this year Whether to buy now or wait for affordability to improve , prices to drop, and rates to fall Why home prices are still rising EVEN with homebuyer demand plummeting The MASSIVE drop in home sales since the pandemic boom and why prices have remained high And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Shop the BiggerPockets Bookstore Black Friday SALE Find an Investor-Friendly Agent in Your Area Dave's BiggerPockets Profile On The Market Podcast 255 - The Fed Finally Cuts Rates, but Will It Even Matter? Nearly A Quarter of Prospective First-Time Homebuyers are Holding Off Until After the Election: Redfin Survey Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-273 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Nov 25, 2024

Did economic sentiment decide the 2024 presidential election? For many Americans, the economy was top of mind when deciding who to vote for in this past election. With inflationary worries, high home prices and mortgage rates , and general unaffordability , many Americans chose President-Elect Trump to turn the economy around. So, what does the housing market look like under Trump’s economy? And how will proposed changes (like tariffs ) influence home prices? Matthew Walsh from Moody’s Analytics is on to give us some context about consumer sentiment, future home prices and mortgage rates, and what tariffs mean for the average American. Matthew brings up a good point: Even with inflation steadily declining, most Americans are still experiencing sticker shock due to our constant comparison of pre-pandemic pricing. Even with the economy doing well, it’s easy to understand why Americans feel in a worse spot than five years ago. So, with inflation cooling, will housing affordability catch up? A big part of affordability is mortgage rates, and with the Fed cutting rates , are we on the cusp of a return to (somewhat) normalcy? Matthew shares the shocking statistic on what mortgage rates would have to be for us to reach 2019 levels of affordability . Finally, we’re talking about tariffs and how higher prices for homebuilding could translate to your final home price. In This Episode We Cover Consumer sentiment and how American finances influenced the 2024 presidential election How low mortgage rates would have to go for us to get back to 2019 affordability levels What Trump’s tariff proposal means for homebuilders and home prices Moody’s 2025 and 2026 home price appreciation forecast Why mortgage rates aren’t falling even after the Fed lowered their federal funds rate And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find Investor-Friendly Lenders Dave's BiggerPockets Profile Opinion: There Could Be Financial Risks Under a Trump Presidency—Here’s How to Hedge Against Them Moody’s Analytics Grab Dave’s New Book, “Start with Strategy” Jump to topic: (00:00) Intro (01:18) Consumers Are Anxious (04:02) The Inflation "Disconnect" (11:50) Will Homes Ever Be Affordable Again? (14:40) Home Prices Could Stagnate (22:28) The Tariff Effect (29:14) Still Undersupplied in 2025? Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-272 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Nov 21, 2024

Has the Federal Reserve gone too far? Many Americans are critical of the Fed’s move to raise interest rates sharply, pause for years, and then slowly start implementing rate cuts. The arguably most prominent critic of the Fed ? President-Elect Donald Trump , who, shortly after nominating the current Fed chair, Jerome Powell , reversed his opinion on whether Powell was the right person for the job. Now, with Trump coming back to the White House, Powell’s job hangs in jeopardy—or does it? Can a President fire the Fed chair? Does the President have the authority to influence how the Fed operates? What would happen if Trump decided to go after Powell and request his resignation? Nick Timiraos , reporter at The Wall Street Journal and Federal Reserve expert, is on to answer these questions. Nick gives us the latest update on rate cuts , where the Fed is headed, how the future of the Fed looks with Trump back in office, and why some politicians champion “Fed Independence,” while others argue that Fed power has overstepped its bounds. Are Trump and Powell more aligned than they think, and is this government drama all talk? We’re getting Nick’s expert viewpoint on it all. In This Episode We Cover Why “Fed Independence” could actually be a crucial piece to keeping the economy stable Whether or not Trump has the authority to fire and replace a Fed chair Future rate cuts , inflation concerns, and the Fed’s latest “signal” on rates Powell’s simple response when asked if he would resign because of Trump ’s request Why the Fed does NOT have to answer to the President (and is this a good thing?) Trump’s proposed tax and tariff policies and why they could challenge the Fed And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find Investor-Friendly Lenders Dave's BiggerPockets Profile Trump May Consider Shaking Up the Federal Reserve If Elected—Here’s What That Could Look Like Nick’s WSJ Articles Grab Dave’s New Book, “Start with Strategy” Jump to topic: (00:00) Intro (00:32) Latest Fed Meeting Update (02:21) More Rate Cuts Coming? (04:23) Can Trump Change the Fed? (08:02) Is the Fed Above the Law? (15:59) Can Trump Fire Powell? (18:09) What Happens Next? (24:02) Trump's Tricky Policies Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-271 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Nov 18, 2024

When you look at the “ Hottest Real Estate Markets ” lists from major publications, they often miss many crucial factors that truly make a market worth investing in. So, after getting tired of seeing the same cities repeatedly, we decided to make our own “ Real Estate Hotspots ” list, touching on the areas that are PRIMED for growth with plenty of appreciation and cash flow potential for landlords. We’re sharing all thirteen cities today! Our two favorite market pickers, Kathy Fettke and Austin Wolff , are back on the show to share their opinions on these top markets. Austin has spent hours and hours compiling this list , looking at not just population growth but income growth, job growth, GDP per capita, and more leading indicators that point to great real estate investing markets . Some of the top picks on this list truly surprised us , but the data points to these thirteen cities as some of the best places to buy in 2025. We’ll also talk about the overrated markets that may be past their prime and some nearby options that could make solid real estate investments for the long term! In This Episode We Cover The thirteen real estate investing “hotspots” for 2025 that investors should pay attention to A very surprising top city that seems to keep on growing EVEN after some solid appreciation The “satellite cities ” that siphon off big city growth for a fraction of the cost Cash flow hotspots that still boast affordable prices with solid rent-to-price ratios The one Texas city that many investors forget about but is still growing fast (definitely not Austin ) Cities that DIDN’T make the list and are constantly overhyped by the media And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Dave's BiggerPockets Profile Kathy's BiggerPockets Profile Deal Finder Market Finder 13 Real Estate Hot Spots You Won’t Want to Miss Next Year Austin's BiggerPockets Profile Analyze Real Estate Like the Pros with “Real Estate by the Numbers” Jump to topic: (00:00) Intro (03:23) Real Estate “Hotspots” (08:26) Phoenix, Arizona (13:39) Colorado Springs, Colorado (17:03) Cash Flow Hotspots (22:05) Top 5 Cities (24:07) Overrated Cities Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-270 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Nov 14, 2024

It’s what you’ve all been waiting for—our 2025 housing market predictions ! We’re sharing where we think home prices , interest rates , and real estate will be over the next year. But we’re not just talking about 2025. We’re also going BACK and reviewing our 2024 housing market forecast , painfully detailing each part we got wrong and congratulating whoever got their predictions right. But how did top real estate companies like Zillow perform on their forecasts? Don’t worry; we’re rating their predictions as well! Last year, some of us thought home prices would decline year-over-year, while others were confident we’d still see rising prices. We also had surprisingly accurate mortgage rate predictions , so does that mean we could be right for 2025, too? Stick around to find out! Plus, we’re sharing where we think will become the country's best real estate investing markets and naming the cities we believe have the best potential for building wealth! In This Episode We Cover Updated 2025 housing market predictions and where home prices and mortgage rates could go How we (and Zillow!) did on our 2024 housing market forecast (plus what we got WRONG!) Real estate markets that have the most investment potential in 2025 Why we’re all becoming bullish on lower mortgage rates , EVEN with persistent inflation Did we ever actually make it into recession territory in 2024? And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find Investor-Friendly Lenders Dave's BiggerPockets Profile Henry's BiggerPockets Profile James' BiggerPockets Profile Kathy's BiggerPockets Profile On The Market Podcast 163 - 2024 Housing Market Predictions: Home Prices, Interest Rates, & Opportunities Grab James’ New Book “The House Flipping Framework” Jump to topic: (00:00) Intro (02:38) Zillow's 2024 Predictions (11:32) Home Prices (14:33) Recession Risk (16:23) Mortgage Rates (17:23) Best Markets to Invest (20:03) 2025 Home Price Predictions (23:48) 2025 Mortgage Rate Predictions Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-269 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Nov 11, 2024

The American Dream was once an everyday reality for most Americans. Now, it’s seemingly impossible for even high-income-earning households to achieve. What went wrong, and is it still possible for financially savvy families to realize the American Dream? A new article dissecting the cost of the American Dream shows that the white picket fence, single-family home , and two new cars cost significantly more than you might think. In this episode, we’re going over the eye-watering costs of the American Dream , the income you’ll need to achieve it, and why most Americans may never get there. But, as financially independent podcasters, we’re living proof that you don’t need everything this article describes to reach financial freedom. We’re sharing what you might want to give up to achieve your version of the American Dream . From college costs to raising kids , buying cars, and purchasing a home, we’ll walk through the costliest factors of the American Dream—and some good news , as one big expense is actually getting cheaper. In This Episode We Cover The astronomical cost of achieving the American Dream in 2024 What you should give up if you want to reach financial freedom faster The household income you have to make if you want to achieve the American Dream Why so many Americans are struggling with rising costs but stagnating wages One significant expense that’s getting surprisingly more affordable The things we’ll never give up spending money on (even if it sets us back) And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Dave's BiggerPockets Profile Henry's BiggerPockets Profile The American Dream Now Costs $4.4 Million The American Dream Trap: Maneuvering Major Expenses in Your Financial Adventure Reach Your American Dream Faster with “Set for Life” Jump to topic: (00:00) Intro (01:20) The Cost of The American Dream (04:01) Housing Costs (05:14) BIGGEST Cost to Americans (06:43) Kids Are Too Expensive (08:28) Cars Cost SO Much (10:15) How Much Do You Have to Make? (15:42) You NEED to Make More Money (19:53) What to Give Up (23:43) Some Good News (25:22) We WON’T Sacrifice THIS Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-268 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Nov 7, 2024

Most people are missing out on what could be the best real estate investments of 2025 . Why? Most investors don’t even know about them or have never had access to invest in them before. Today, we’re talking to Fundrise CEO Ben Miller about how he’s taking these once elite-only investments and making them available for the average investor . These investments, for the most part, beat out regular rental properties with sizable returns and way less work. So, what’s the catch? Is there a catch? If you want to get ahead of the curve and know the investments that smart money (managing BILLIONS of dollars) is making, our interview with Ben truly delivers. We’re getting into how “debt” investors are making serious money off of lending to real estate investors (just like you) and the almost unbeatable returns they’re collecting, plus the new type of investment Fundrise is opening up for regular investors. This is a first, as everyday investors have seldom been able to break into this asset class. Finally, Ben gives us his outlook for the 2025 economy and why he’s feeling a bit anxious, even with so many economic factors falling into place for a soft landing. In This Episode We Cover The one real estate investment making regular double-digit returns with significantly less work Why housing inventory could shrink even with our massive multifamily “oversupply” The “securitized” real estate elite investors used to have a monopoly on (you can get in on it now) Venture capital and why Ben is bullish on AI companies for 2025 and beyond The surprisingly solid state of the economy and why Ben feels anxious (and you might, too) And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find Investor-Friendly Lenders Dave's BiggerPockets Profile Is Now a Better Time to Invest in Real Estate Debt or Equity? Ben's BiggerPockets Profile Grab the Book on Private Money Lending “Lend to Live” Jump to topic: (00:00) Intro (01:41) What to Invest In NOW? (04:40) Housing Inventory Will Shrink (08:20) Less Risk, Way Higher Returns (15:01) "Securitized” Debt Explained (18:22) What Can “Normal” Investors Do? (20:52) Venture Capital Investing for All (26:12) Optimistic for 2025? Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-267 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Nov 4, 2024

Everyone is awaiting the 2024 presidential election results —especially homebuyers. As mortgage rates rise again, potential homebuyers are sitting on the sidelines, hoping that the next president could make it a little easier to purchase a house. Is this housing market slowdown just a temporary phenomenon before the biggest political event of the past four years, or could this last well into the winter? We’re covering it on this headlines show! Could a “Trump trade” push bond yields up and mortgage rates as well? Some economists are betting that a Trump presidency would mean higher mortgage rates . We’ll also talk about California’s Prop 33 , which, if passed, could allow more stringent rent control on landlords in the Golden State. With rising costs for property owners, could this lead to landlords selling their rentals to escape California’s tenant-friendly laws? If you want to escape the election cycle, we’ve got you covered. Our last story touches on the best companies for career growth , and if you’re trying to up your skills (and your income) next year, applying for a job at any of these companies could help you! In This Episode We Cover The pre-election housing “slowdown” and why many homebuyers are pausing on purchasing A new mortgage rate update and what’s causing rates to rise back to seven percent The “Trump trade” and why economists are worried it could push bond yields up California’s newest rent control proposition and what it means for landlords in the state The top companies for career growth in the United States (grow your income!) And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find Investor-Friendly Lenders Dave's BiggerPockets Profile Henry's BiggerPockets Profile James' BiggerPockets Profile Kathy's BiggerPockets Profile Proposition 33 Ignites Fierce Debate Over California Rent Control Laws Do Elections Affect the Housing Market? Here's What Experts Say Real estate in for a fright as mortgage rates return to 7% Proposition 33 Ignites Fierce Debate Over California Rent Control Laws These Are The Best Companies For Career Growth, Ranked Grab Dave’s Newest Book, “Start with Strategy” Jump to topic: (00:00) Intro (01:01) Pre-Election Housing “Slowdown” (13:03) The “Trump Trade” (16:48) Prop 33 Rent Control? (24:15) Best Companies for Career Growth Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-266 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 31, 2024

Evictions suck—for everyone . They’re bad for the property owner , the tenant , and America as a whole. On the lowest end of the spectrum, evictions cost Americans over $14,000,000,000 (that’s BILLION) per year . With this massive sum spent on court fees, attorneys, moving trucks, and lost rent, how do we STOP evictions before they happen? What can landlords do to ensure they NEVER have to kick out another tenant for nonpayment? Today, we’re discussing the true cost of evictions and how to avoid them. We’ve brought our own Market Intelligence Analyst, Austin Wolff , back to the show to share how much evictions cost for the landlord, how much they cost to the tenant, and how much they cost society. We’re breaking down which costs hurt real estate investors the most during the process and how long it may take you to get a non-paying tenant out of your house. Once you’ve been seriously sticker-shocked by the price of an eviction, James brings us some actionable steps he uses daily to avoid evictions at his rentals. He recently had one of the worst evictions, costing him SIX FIGURES. He shares what to do so this DOESN’T happen at your investment property, plus the type of rental you can provide that attracts the highest-quality tenants . In This Episode We Cover The astronomically high cost of evictions in the United States How long evictions usually take , and why they often drag out months (or even years) The cost of an eviction to a tenant and the fees they have to pay once they’re forced to leave How to avoid evictions from the start by following some quick tips from James The key to maintaining a high rent collection rate in your rental portfolio (fewer evictions) What to do if you inherit tenants you suspect WON’T pay once you purchase the property Overall economic impacts of evictions and why we MUST reduce them And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Property Manager Finder Dave's BiggerPockets Profile James' BiggerPockets Profile Austin's BiggerPockets Profile 6 Strategies That Help Landlords Avoid Evictions Grab “The Book on Managing Rental Properties” Evicted Book Jump to topic: (00:00) Intro (02:23) Most Expensive Eviction Ever? (05:23) Cost/Time It Takes to Evict (14:11) The Cost to Tenants (18:57) Serious Economic Effects (22:47) How to Avoid Evictions (29:44) Inheriting Tenants (What to Do) (32:09) Astronomical Total Costs Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-265 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 28, 2024

Which generation is taking control of the housing market? With Baby Boomers sitting on an enormous amount of equity -based wealth , younger generations now have to do their part to get in the game, but who is faring best? Gen Z is hungry to get into homeownership, but with their high cost of living, credit card and student debt, and low affordability, will they be a forever-renter generation? What about Millennials , many of whom were financially shell-shocked after leaving college and entering the workforce during the Great Financial Crisis? And don’t worry, Gen X , we didn’t forget you (even though almost everyone else did). Today, Dave and each of our experts have taken one generation to report on. We’ll talk about Gen Z , Millennials, Gen X, and Baby Boomers—how much wealth they hold, their debts, whether or not they’re buying houses , and how they could affect the future housing market. Plus, we’ll touch on the financial mentality behind each generation and whether or not they have what it takes to become homeowners. Finally, will the “ Silver Tsunami ” ever happen when Baby Boomers pass away and the flood of Boomer-owned houses hits the market? We’ll discuss the likelihood of this happening and whether or not the growing trend of “aging in place” could keep our housing inventory at rock bottom. In This Episode We Cover Why Gen Z is so poised to start buying real estate (but will they be able to?) The Baby Boomers’ massive amount of equity wealth that may benefit the future generations The largest generation of homebuyers that is still actively looking for places to live Why this “forgotten generation” might be one of the wealthiest to come The chance of a “Silver Tsunami” and what happens when Boomers pass down their housing wealth And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Dave's BiggerPockets Profile Henry's BiggerPockets Profile James' BiggerPockets Profile Kathy's BiggerPockets Profile Grab Henry’s New Book, “Real Estate Deal Maker” Find an Investor-Friendly Agent in Your Area Boomers Hoard Houses, Millennials Struggle to Buy, But Gen Z Gets Ahead Jump to topic: (00:00) Intro (02:58) Gen Z - The Renter Generation (10:47) Millennials - The Homebuyer Generation (16:51) Gen X - The Forgotten Generation (26:18) Baby Boomers - The RICH Generation Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-264 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 24, 2024

Does it feel like we’re in a recession ? People are constantly discussing layoffs , many Americans are in credit card debt , home ownership seems unachievable, and you probably feel like you should be making more money based on how expensive everything is. But, on the other hand, inflation is down, stocks are up, and unemployment is still (relatively) low. This is what Nicole Lapin would refer to not as a recession but a “ vibecession ;” it feels like we’re in a recession, even if we aren’t. As a renowned journalist, author, and money-minded podcast host of Money Rehab , Nicole is one of the best in the industry to come on and explain the state of the American consumer , why they feel so negative toward the economy, and what good news we have going into 2025. Nicole is breaking down exactly why Americans feel so disconnected from our growing economy and the reason consumers are getting frustrated. But it’s not just bad vibes (okay, enough with the Gen-Z verbiage); there are “bright spots” in the economy that few are paying attention to. These data points come close to proving that we may be out of recession territory and confirm that the Fed did achieve its “soft landing.” Are we on our way to finally feeling good about the economy again? In This Episode We Cover Why it feels like we’re in a recession even though the economy is growing The disconnect between men and women and who’s more optimistic in 2024 Did the Fed actually achieve their soft landing and an inflation rate update The good news on wage growth (with a BIG caveat) Rising credit card debt and whether or not this is a precursor to economic crisis The “bright spots” in the economy that point to some good news for Americans And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Dave's BiggerPockets Profile Here’s What the U.S. Consumer Tells Us About the State of the Economy Money Rehab Thinking, Fast and Slow WSJ: The State of America’s Wallet Build Wealth in Any Market Cycle with “Recession-Proof Real Estate Investing” Jump to topic: (00:00) Intro (01:50) Welcome to the "Vibe-cession" (05:18) Men vs. Women Economic Sentiment (06:59) Wages Grow, But... (10:56) Consumer Debt is Climbing (16:23) GOOD News for the Economy (18:42) Hope for Average Americans (21:39) Where is the Economy Headed? Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-263 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 21, 2024

Housing affordability in America is the lowest it’s been in forty years . Every year, there are fewer and fewer affordable places to buy a house, and many of the cities that used to be affordable have become so popular that they’re now the pricey ones. Are there any affordable housing markets left , and if so, which ones should investors pay the most attention to? We did a new data analysis on American housing markets to bring the exact list to you today. Austin Wolff , our own BiggerPockets market intelligence analyst, spent some time analyzing housing markets that not only have job, population, and wage growth but also have affordable home prices perfect for investors. Today, he’s sharing this new list, along with some of the least affordable housing markets that are nearly impossible to break into without millions of dollars. But is America the only country suffering from a stubborn unaffordability crisis? Many of the top economies are also feeling the sting of high inflation , limited real wage growth, and strong home price appreciation . But are we doing better or worse than many of the top developed countries? We’re sharing those stats, too! In This Episode We Cover America’s affordable housing crisis explained , and whether it’s going to get better or worse Most affordable housing markets with job, population, and income growth Comparing American home prices vs. other top economies’ home prices The least affordable real estate markets with the highest home-price-to-wage ratios The single most affordable city in the United States that could be an excellent investing market And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Dave's BiggerPockets Profile Kathy's BiggerPockets Profile These Are the 10 Most Affordable Markets To Invest in During 2024 Bankrate’s 2024 Home Affordability Report Why Trump and Harris Aren’t Talking About the $1.8 Trillion Deficit Austin's BiggerPockets Profile Grab Dave’s Book, “Real Estate by the Numbers” Jump to topic: (00:00) Intro (02:36) Why Affordability Matters (04:59) Most Unaffordable Period Ever? (08:00) How Does America Compare? (12:23) Least Affordable Markets (15:09) Most Affordable (Growing!) Markets (24:35) Will Affordability Improve? Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-262 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 17, 2024

While short-term rentals are seeing slowing demand, mid-term rentals are taking off (and fast). Mid-term rentals, also called medium-term rentals or MTRs, are thirty-day or longer stays, usually for traveling professionals or those who need temporary housing while relocating . These rentals give you more rent than a regular long-term rental, less turnover than short-term rentals , and can be successful in even the most average of markets. Where are MTRs heading next? We brought on Jeff Hurst , CEO of the leading MTR listing website Furnished Finder , to share the data he’s seeing. Jeff believes MTRs are still years away from peaking in demand and supply. But maybe he’s a little biased as someone who works in the field. Even as an industry insider, Jeff brought some solid stats that show that MTR is far from falling off the investing map . He’s so bullish on this strategy that he believes MTR is now where Airbnb was in 2012. But what should you do to get in on MTR investing? Jeff shares the best MTR markets and signs for whether or not your city could be a great place to try it, plus the surprising property type that works best for this strategy (MUCH more affordable than short-term rentals) and how landlords and investors can find tenants WITHOUT going through pricey booking platforms. In This Episode We Cover The state of the mid-term rental market and why it’s looking much brighter than short-term rentals Mid-term rental investing explained , and who’s staying at these properties Why rural markets actually make terrific mid-term rental investing areas How to start investing in mid-term rentals WITHOUT owning a single property ( rental arbitrage ) How to find tenants for your mid-term rentals without paying high listing fees The (surprisingly) small property types that work best for mid-term rentals And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Dave's BiggerPockets Profile Henry's BiggerPockets Profile How to Invest in Medium-Term Rentals Furnished Finder Stats Grab the MTR Book, “30-Day Stay” Jump to topic: (00:00) Intro (01:57) What Are Mid-Term Rentals? (06:21) Mid-Term Demand is Still Growing (09:58) Best Mid-Term Markets (18:19) Are We Past the Peak? (20:26) Finding Tenants (23:59) Fewer Regulations? (30:03) Bullish on Mid-Term’s Future Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-261 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 14, 2024

America is experiencing a strange housing supply problem. On one hand, we don’t have enough housing supply nationally; on the other, we have too much housing supply in cities like Austin and Fort Myers, and as a result, these cities are seeing significant rent declines . Meanwhile, rents are still going strong in much of the Midwest, as their supply-constrained markets give landlords and real estate investors the upper hand. But, even in the “oversupplied” markets, is there a chance for rent price redemption in the future? We brought on BiggerPockets’ own Market Intelligence Analyst, Austin Wolff , to share his latest findings on housing supply. Austin talks about why rents are growing in some parts of the US but declining in more oversupplied markets. But with the slowing down of construction, will these oversupplied markets become undersupplied ? Will landlords in these markets be happy they held onto their properties in a few years? Austin also shares the exact market he’s making his first real estate investment , which boasts high demand but has yet to see a significant supply bump for his asset class. Does higher supply always mean lower rents? Not quite, and we’ll get into why in this episode! In This Episode We Cover The state of our 2024 housing shortage problem and why we may be under and oversupplied Where rent prices are falling and the cities with the most supply coming online When demand could finally “catch up” to the high supply these markets are experiencing The correlation between supply and rent prices (and why they aren’t ALWAYS opposite) Long-term rent projections as building starts to slow and demand stays high And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Easily Identify Your Next Market to Invest In with BiggerPockets Market Finder Dave's BiggerPockets Profile Connect with Austin Check Out Austin’s Data-Driven Blog Posts Bureau of Labor Statistics Census Data CoStar Zillow Data Master the Simple Formulas Behind Every Great Real Estate Deal with “Real Estate by the Numbers” Jump to topic 00:00 Intro 04:49 Our 2024 Housing Supply Problem 08:22 Where Rents Are Falling 13:13 Demand Will “Catch Up” 17:31 What Happens When Supply Rises? 25:46 Long-Term Rent Projections Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-260 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 10, 2024

**UPDATE: We recorded this episode on October 1st, as North Carolina was beginning to recover from the damage caused by Hurricane Helene and before Hurricane Milton had formed. We approached this episode as an exercise in economic analysis -- an in-depth market analysis should include a deeper assessment of environmental risk than we had time for in this discussion. And of course, no investment is more important than human lives and safety. If you’d like to contribute to ongoing recovery efforts, please consider doing so here . We talk a lot about the overall housing market, but what about the best states to invest in real estate ? A state on the East Coast might see solid rents, booming business growth, and low inventory, while somewhere on the West Coast could be experiencing the opposite. At a state level, factors like economic strength, job growth, income tax , and others can greatly impact where Americans live and rent . So, which states would WE happily invest in now? Today, we’re sharing the four states we feel bullish about in 2024 , specifically for economic growth. And when there’s economic growth, there’s usually excellent investing prospects. You may have thought about investing in a few of these states before, and one of them you may have forgotten was even a state (sorry to those residents), but all of them boast real estate investing potential that many other parts of the US lack. And, during a time when home prices are still high, some of these markets are seeing what could be a temporary decline, opening up the potential for you to go in and scoop up deals before their real estate markets begin to rebound. Which states are we most confident about? Stick around to find out! In This Episode We Cover Four states with booming economies and serious real estate investing opportunity The tiny state with below-average home prices and most of the Fortune 500 companies A southern state boasting serious potential as its real estate values try to recover A “treasure hunting” housing market that may be overcorrecting a little too much Why more tech is moving into this East Coast state and pumping up its property market And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find Your Next Investing Market Dave's BiggerPockets Profile Henry's BiggerPockets Profile James' BiggerPockets Profile Kathy's BiggerPockets Profile On the Market Episode 251 - Would You Vote for Any of These Market-Changing Economic Policies? What’s the Best Strategy for Your Market? Find Out with “Start with Strategy” Jump to topic: 00:00 Intro 02:52 1. Delaware 11:38 2. Texas 17:13 What to Buy in Texas 20:05 3. Florida 22:21 Businesses Love the Sunshine State 27:12 4. North Carolina 35:30 Best State to Invest? Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-259 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 7, 2024

Did immigrants help keep landlords afloat during this tough housing market? New data may be pointing to just that. Today, we’re discussing one rarely mentioned housing market factor— immigration and immigrant renters. We’re talking about documented AND undocumented immigrants, asylum seekers, and what the effect of the massive influx in immigration has been on the renting market. John Burns from John Burns Research and Consulting, joined by VP of Demographics Eric Finnigan , is back on the show to discuss immigration, household formation, migration patterns, mortgage rates , and the effects each of these factors has on the housing market. With immigration exploding (we’re in one of the largest immigration years EVER ), the next obvious question is: how is this affecting rents/available homes? John and Eric bring in new data to share how immigration may have “bailed out” landlords during the worst parts of the market. But that’s not all. We also touch on John Burns Research’s newest house-flipping survey and how flippers are surviving (thriving?) in today’s market. Why are builders becoming more bullish on the housing market? And could the recent mortgage rate cuts open the spigot of homebuyer demand in this already supply-constrained market? We’re digging into the data that answers these questions in today’s show. In This Episode We Cover The newest immigration and housing data pointing to some surprising conclusions for landlords Why immigrants crossing the southern border are NOT just settling in border towns How immigrants may have “bailed out” multifamily investors struggling to fill units New multifamily supply and why builders are becoming more bullish in today’s market Whether or not lower mortgage rates will lead to higher home prices The state of house flipping in 2024 and whether flippers are still making money And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area Dave's BiggerPockets Profile U.S. Immigration Crisis: What It Really Means for Housing Markets and Investors Get on the List for John Burns Research: jburns@jbrec.com Fix and Flip Survey Master the Real Estate Formulas Before You Buy with “Real Estate by the Numbers” Jump to topic: 00:00 Intro 02:11 Immigration is Exploding 04:59 Why “Households” Matter 06:40 Immigrants Boost Demand 08:50 Landlords Got “Bailed Out” 11:47 MORE Multifamily Development? 15:58 Mortgage Rate Cut Implications 23:37 Are Flippers Surviving? 29:06 Grab the Data! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-258 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 3, 2024

Mortgage rates are finally falling, and Redfin is predicting a “brighter” housing market. Who’s leading the charge in new homebuyers? Surprisingly, the generation nobody expected— Gen Z . How are they doing it, and why are their homeownership rates so much higher than Millennials and Gen Xers at the same age? We’re digging into it and sharing our forecasts of what the coming housing market will look like. But to understand where we’re headed, we have to peak inside the personal finances of Americans. In this episode, we’re breaking down the average American’s wallet, how much money they have, their credit card debt , and whether they’ll be able to weather the financial storm of rising costs coming at them. How can Americans cope with higher insurance, taxes, and home prices? Why is Redfin so optimistic about the 2025 spring homebuying market? And what are we seeing right now in our own markets in terms of buyer demand? Have lower mortgage rates finally crossed the threshold where Americans feel comfortable buying a house? We’ll touch on all of today’s latest headlines in this show! In This Episode We Cover How Gen Z became the leading young homeowner generation Lower rates , but still struggling affordability and the real solution to our housing problem Optimistic news from Redfin about the 2025 spring housing market and the big JUMP in mortgage applications The average American’s personal finances and whether they’ll be able to eat the cost of recent inflation The downfall of work-from-home and why more Americans may be moving (and buying houses) soon And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find Investor-Friendly Lenders See Dave at BPCON2024 in Cancun! Dave's BiggerPockets Profile Henry's BiggerPockets Profile James' BiggerPockets Profile Kathy's BiggerPockets Profile Gen Z Is Dominating Their Parents in Homeownership—According to New Report America’s home affordability crisis has a solution. Lower rates isn’t it Redfin ramping up, sees a brighter spring ahead The State of America’s Wallet How Gen Z outpaces past generations in the homeownership race Grab Dave’s Newest Book, “Start with Strategy” Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-257 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 30, 2024

Are real estate syndications dead? Some multifamily syndicators are making capital calls and hiding information from investors who anxiously wait (and pray) for their money to be returned. A lot is going wrong, so should you pause investing in real estate syndications for now, or should you write them off entirely? Brian Burke , who saw it coming and sold almost everything before prices fell, is on today to give us his answer. Joining him is a fellow syndication investor and BiggerPockets CEO, Scott Trench , who’s had his fair share of syndication headaches over the past few years. We’re going back in time, talking about what exactly went wrong for multifamily syndications , why we saw a rise in untrustworthy/inexperienced syndicators entering the market, and why multifamily specifically is taking the majority of the headwinds. We’re also sharing the numbers on the almost unbelievable amount of multifamily investors who have short-term loans coming due , all at a time when interest rates are still high and values are close to (if not at) the bottom. We’ll even talk about our own failed deals and whether or not we’d continue investing in syndications. In This Episode We Cover Real estate syndications , general partners, and limited partners explained Why the multifamily real estate market is a “traffic collision” in 2024 Areas of the country with the highest/lowest risk for real estate syndications The astonishing amount of distressed investors with short-term loans coming due Our own failed investments and whether we’d still invest in syndications When multifamily real estate investments could finally rebound and become investable again And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find Investor-Friendly Lenders See Dave and Scott at BPCON2024 in Cancun! Dave's BiggerPockets Profile Scott's BiggerPockets Profile Multifamily Is at High Risk of Continuing Its Historic Crash in 2024—Here’s Why PassivePockets Brian's BiggerPockets Profile Grab Brian's Book, “The Hands-Off Investor” Jump to topic: 00:00 Intro 01:38 Real Estate Syndications Explained 11:11 Things Have Changed 19:07 Multifamily is a “Traffic Collision” 24:29 WHERE to Invest 29:20 Underwater Syndications 38:23 Are Syndications Dead? Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-256 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 26, 2024

The Fed’s recent rate cut signaled something clear about the US economy , but what are they trying to say? With a bolder rate cut than many of us expected, homebuyers, business owners, and real estate investors are seeing the light at the end of the high-rate tunnel, where borrowing money and buying houses could come at a lower cost . But with markets already anticipating a rate cut, did the recent cut even really matter? Today, Federal Reserve reporter from The New York Times , Jeanna Smialek , shares her thoughts on what the Fed move meant after studying them full-time for over a decade. Jeanna believes that the Fed feels confident , even if this recent rate cut was overdue. Inflation has seen a substantial dropoff, but on the other hand, unemployment is rising , and Americans are getting nervous. Did the Fed move fast enough? Jeanna also shares the future rate cuts we can expect from the Fed, with more potentially coming this year and a sizable series of cuts already lined up for 2025 . How significant will the cuts be, and will they be enough to stop unemployment from getting out of control? How will rent prices and home prices move due to more rate cuts? We’re answering it all in this episode! In This Episode We Cover The Fed’s recent 0.50% rate cut explained and their forecast for 2025 rate cuts The signal the Fed is sending by making a bigger rate cut (and preparing for more to come) Why the Fed decided NOW was the time to finally cut rates (and whether it was too late) Inflation updates and good news for the slowing of growing prices Housing affordability and whether or not these rate cuts will help homebuyers/renters And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find Investor-Friendly Lenders See Dave at BPCON2024 in Cancun! Dave's BiggerPockets Profile Federal Reserve Cuts Rates By 0.50%, a Bigger Cut Than Expected Read More from Jeanna Get Jeanna’s Book, Limitless: The Federal Reserve Takes on a New Age of Crisis Grab Dave’s Newest Book, “Start with Strategy” Jump to topic: 00:00 Intro 01:40 The Fed Makes a BIG Move 05:31 Why Now? 07:40 Effects of a 0.50% Rate Cut 12:16 Inflation Trends 15:07 Will Home and Rent Prices Rise? 22:42 2025 Rate Cuts 27:20 How the Fed Has Changed Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-255 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 23, 2024

Your real estate business could fail if you don’t do this right. We’ve seen it happen time and time again. A business finds success, starts growing at lightning speed to capture all the demand, and then burns out, leaving the business owner or investor (i.e., YOU) cleaning up the pieces of spectacular debris. Growing your business can be a HUGE mistake, but scaling it rarely is. Today, we’re teaching you how to do just that— scaling your business to new heights so you can work less , your team (or future team) can accomplish more, and your wealth compounds in the background. And one person on the On the Market panel knows how to scale a business arguably better than anyone else— Kathy Fettke ! Today, Kathy and her husband, Rich , are on to teach you how to start Scaling Smart (which is also the name of their new book!). Kathy and Rich touch on why once-giants like WeWork failed so fast , how overgrowing can kill everything you’ve worked for, how to start hiring (and who to hire first), and the “never enough” trap that can keep you working for years (or decades) longer than you should. Plus, they even coach Henry and James on their own scaling struggles! In This Episode We Cover Why “ scaling ” (NOT growing) your real estate business is the smartest way to build wealth The thirteen questions that will stop you from growing too fast (and failing ) Defining your “why” and the reason most investors burn out even after building wealth When to start hiring employees , and what tasks you should outsource to them Incentivizing employees to work hard for you while they build their own financial freedom Being a “humble leader” and realizing that you’re NOT the best person for every job And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Property Manager Finder See Dave, Kathy, and Rich at BPCON2024 in Cancun! Henry's BiggerPockets Profile James' BiggerPockets Profile Kathy's BiggerPockets Profile Rich's BiggerPockets Profile The 3 Main Stages of Scaling Your Small Business Grab Rich and Kathy’s New Book “Scaling Smart” Jump to topic: 00:00 Intro 02:16 Why Big Companies Fail 08:00 How to NOT Overgrow 14:46 The “Never Enough” Trap 18:57 When to Start Hiring 26:04 Being a Humble Leader 26:53 Incentivizing Employees 38:19 Scale Smart and Live Your Life! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-254 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 19, 2024

The US economy isn’t doing as well as you think—it’s doing even better . While mainstream media outlets and grocery prices may make you feel that the US economy is struggling, the data points to something different . Inflation is getting under control, the Fed is about to lower rates, recession risks could be shrinking, and a long-term growth trend is emerging . The American economy is leading what Joe Brusuelas calls the “ global recovery. ” Named 2023 “Best Rate Forecaster” by Bloomberg, Joe has an unmatched view of the economy at a macro and microeconomic level. Today, we’re talking to Joe about the state of the US economy and why it’s outperforming global players like China . Joe shares the “secret sauce” that is helping the US take center stage in global economic growth, which could keep us on course to see continued economic success for years to come. But, with China’s economy showing cracks , the Middle East conflict getting more tense by the day, and the risk of recession still top of mind, what’s next for the US economy? Joe gives his economic outlook and shares the most significant risks the US economy could face , plus why he sees a BIG Fed rate cut coming in 2025. In This Episode We Cover The state of the US economy and why we’re seeing such unmatched economic growth The “secret sauce” that makes the American economy particularly efficient China’s growing economic troubles and whether it could bleed into the US economy Fed rate cut predictions and why we may see a BIG drop in rates by this time next year Joe’s US economic forecast and the regions of the US real estate investors MUST watch Commercial real estate risks and whether we should still be worried about “the wall” of maturing debt And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find Investor-Friendly Lenders See Dave at BPCON2024 in Cancun! Dave's BiggerPockets Profile On The Market Podcast 196 - China Falters, Israel’s Oil Danger, and Russia’s Assets Used Against Them w/Joe Brusuelas Learn More from Joe Grab Dave’s Newest Book, “Start with Strategy” Jump to topic: 00:00 Intro 01:51 US Economy is Booming 06:52 Recession Risk? 08:43 China’s Economic Trap 13:31 Will This Hurt the US? 14:45 Middle East Oil Risks 17:42 US Economic Forecast 25:27 What Commercial Crash? 27:28 Fed Rate Cuts Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-253 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 16, 2024

Are we finally at the end stages of this harsh housing market? With housing inventory increasing, mortgage rates steadily falling, and inflation cooling, we might be returning to a much healthier time to buy a house . But one of these improvements we’ve seen over the past year could begin reversing, and that’s creating some interesting future scenarios. One that even we’re surprised to hear as we bring on top housing market analyst Logan Mohtashami . Logan has referred to 2022-2023’s housing market as “savagely unhealthy,” but he’s a bit more optimistic now that we’re seeing relief. While we’re still not at 2019 inventory levels (which were already low), we’re slowly getting there. However, we could see the positive inventory trend start to reverse, leading to even more affordability problems for homebuyers. So what has to happen for affordability to see meaningful improvement? Today, Logan is giving us his take on housing inventory , where mortgage rates could be heading, and why we may NOT see a spike in home prices even if rates fall significantly (something most analysts are bullish on). In This Episode We Cover Logan’s housing market, mortgage rate, and inventory forecast Why our increasing housing inventory could reverse once rates start to fall The one thing holding affordability back and whether Logan has hopes of it improving Why watching the labor market and jobs numbers will help you predict mortgage rates Were we wrong about the “lower rates = higher home prices” premise? And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find Investor-Friendly Lenders See Dave at BPCON2024 in Cancun! Dave's BiggerPockets Profile Learn More from Logan On The Market Podcast 86 - Here’s What Will Cause Mortgage Rates to Finally Fall w/Logan Mohtashami Know the Ins-and-Outs of Real Estate with “Real Estate by the Numbers" Jump to topic: 00:00 Intro 02:05 The "Baby Pivot" Stage 05:46 The Home Sales Recession 08:49 Housing Inventory Update 15:30 Rates Will Decline MORE If... 19:59 Mortgage Rate Forecast 24:48 When Will Affordability Improve? 29:05 Biggest Takeaways Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-252 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 12, 2024

No matter who wins your vote during the presidential debates , odds are, the housing market will still have its problems. We’ve got high building costs, low inventory, and slow bureaucratic procedures that stop homes from being built or renovated. So, what would WE do if we were in charge of the country’s economic policies , and how would we use them to make a better housing market? Welcome to the 2024 On the Market debates , where Dave , Henry , James , and Kathy duke it out over who has the best housing policy, economic plan, and…presidential slogan . We’re putting our plans out in the open for you to vote on. Dave is focusing on construction prices , Henry wants to “ Make Housing Affordable Again ,” Kathy is rallying to reduce government spending , and James wants to fast-track building and renovations so housing inventory can grow. Who has the best housing market policy, and are there any you’d personally want to see on the ballot come the next election? Leave a review and let us know your thoughts, or give your take over on our YouTube channel ! In This Episode We Cover Four economic policies we’d put into place TODAY to save the housing market Tax breaks for investors and builders and why the government MUST incentivize affordable housing Speeding up permitting times with a plan that could help those who can’t afford home repairs Why we NEED more Americans learning the trades before it’s too late Are prefab homes the future of affordable housing in America? Here’s why Dave thinks so And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area See Dave at BPCON2024 in Cancun! Dave's BiggerPockets Profile Henry's BiggerPockets Profile James' BiggerPockets Profile Kathy's BiggerPockets Profile How the Financial Policies of Trump and Harris Could Impact Real Estate Investors Live Like Jett Foundation Grab Kathy’s New Book “Scaling Smart” Jump to topic: 00:00 Intro 03:57 Make Housing Affordable Again 12:31 Path of Progress 21:21 Scaling Smart 32:19 Construction is Too Expensive Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-251 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 9, 2024

How will the Trump and Harris economic plans affect your investing? One candidate is looking to increase affordable housing and give homebuyers a break on their first property. The other plans to keep taxes low so you can save more money. Both are concerned about inflation and rising costs , but will either of their plans correct the national budget deficit we constantly find ourselves in? We’re digging into the 2024 election economics on this BiggerNews episode with economist Joel Naroff . First, we’re discussing what happens economically during elections as Americans brace for a new president. Then, we dive into Harris’ economic plan and stance on inflation, cost of living, and affordable housing . She also has her eye on raising taxes for high-income earners , but will she bring things back to the pre-Trump era? Next, the Trump economic plan . Just like in his presidency, Trump plans to reduce taxes even more , which could help those on social security and those who make their income from tips. The question is, will this loss of tax revenue put too much of a dent in our government’s budget and push us further into a deficit? Could Trump’s pro-tariff stance help stimulate local manufacturing and increase tax revenue from imported goods? We’re answering it all on this BiggerNews! In This Episode We Cover Trump vs. Harris’ economic plans explained and how they may affect investors More affordable housing and Harris’ call to build millions of more housing units Trump ’s plan to push foreign goods out of the US with higher import tariffs Rolling back Trump’s tax cuts and how Harris could increase taxes on corporations and high-earners Social security income and the benefit (but high cost) of lowering taxes on it How both of these plans could affect the national budget deficit And So Much More! Links from the Show Stay Updated on Investing News with the BiggerPockets Blog Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Find an Investor-Friendly Agent in Your Area See Dave at BPCON2024 in Cancun! Dave's BiggerPockets Profile Naroff Economics How the Financial Policies of Trump and Harris Could Impact Real Estate Investors Grab Dave’s Latest Book, “Start with Strategy” Jump to topic: 00:00 Intro 01:52 Election Economics 03:42 Harris’ Plan 8:38 More Affordable Housing? 12:16 Higher Taxes? 15:10 Trump’s Plan 19:11 More Social Security Income? 21:47 Eliminating Taxes on Tips 24:22 National Budget Deficit Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-250 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 5, 2024

One startup is aiming to end traditional real estate commissions for good. Jobs numbers get their most significant downgrade in over a decade, forcing the Fed to rethink its rate-cutting schedule. And if that wasn’t enough, home sales fell in a historically hot month of the housing market. But are the expert investors worried? In this headlines episode, we’re sharing the latest news affecting the housing market and what YOU can do now to still make money in real estate , no matter the headline hype. First, we’re talking about the latest home sales numbers . With a slow summer homebuying season, we may return to a “balanced” market where investors can thrive if they know what they’re doing. What could bring more demand to the market? Lower mortgage rates. And with the latest revision on job numbers, downgrading job growth significantly, the Fed may be forced to pivot and make bigger moves when cutting rates. Will it happen? Lastly, we’ll discuss the new state of real estate agent commissions . After the groundbreaking NAR lawsuit that put agent commissions in limbo, a new startup has set out to offer flat-fee real estate agent services in an à la carte fashion. Will paying just a few hundred dollars get you the level of agent experience you need to close better real estate deals? We’re discussing it all in this episode! In This Episode We Cover The new real estate startup that could put traditional agent commissions in jeopardy What investors should know as home sales drop and whether it's an opportunity Planning for mortgage rates to fall and how to build in more investing upside if they do The latest job numbers REVISION putting our economy in a different spot than we thought Whether or not the Fed will change course now that job numbers don’t look as strong And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area See James, Kathy, and Henry at BPCON2024 in Cancun! Henry's BiggerPockets Profile James' BiggerPockets Profile Kathy's BiggerPockets Profile The NAR Will Eliminate 6% Commission Standards and Pay $418 Million in Damages After Settling Lawsuit Two Things The Latest Home Sales Numbers Say About The Real Estate Market U.S. job growth revised down by the most since 2009 After winning a landmark case against real estate agents, this startup aims to replace them with a flat fee Economic Confidence Up Slightly in August Pre-Order Kathy’s New Book “Scaling Smart” Jump to topic: 00:00 Intro 01:15 Home Sales, Prices Drop 11:15 Planning for Rates to Fall 17:33 Job Numbers Get Revised 28:07 Agents Go Flat-Fee Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-249 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 2, 2024

Recession fears are increasing . The stock market has taken substantial hits, housing inventory is climbing , and bank account balances are starting to fall. So, with more economic turmoil, we have to ask: will the housing market crash ? And if we get a housing market crash, how bad (or good) will it be for investors? Could we see a 2008-style selloff, or should we be more prepared for small dips worth taking advantage of? Today, we’re asking two top investors these questions, one of whom literally wrote the book on Recession-Proof Real Estate Investing . J Scott and James Dainard join us on today’s episode to discuss market crash predictions , scenarios, and opportunities for real estate investors. Both J and James experienced the 2008 housing market crash—an economic event almost impossible to forget. But is 2024 shaping up for a sharp decline like 2008 , or will we simply see a slower real estate market like most people had expected when interest rates began to rise? If the market DOES crash, what should you look for to take advantage , and how do you ensure you don’t get caught biting off more than you can chew? J and James break down their game plans if prices fall and why buying now could set you up for wealth ten years from now, IF you can handle the “fear” of buying when others are running from real estate. In This Episode We Cover New housing market “crash” predictions and how low prices could go Why economic “fear” is rising now, and the recession indicators that are going off Rising housing inventory and why experienced investors expected this already The difference between the 2008 housing market crash and today What could cause a housing crash and how to know it’s time to buy The immense opportunities for investors that 99% of Americans will pass up And So Much More! Links from the Show Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Find Investor-Friendly Lenders See Dave and James at BPCON2024 in Cancun! Dave's BiggerPockets Profile James' BiggerPockets Profile J's BiggerPockets Profile Why Has the Housing Market Not Crashed in Over 15 Years? Grab J’s Book “Recession-Proof Real Estate Investing” Jump to topic: (00:00) Intro (04:01) New Recession Fears (14:25) Is This Like 2008? (18:05) What Will Cause a Crash (31:11) What to Do During a Crash (36:56) Opportunity for Investors Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-248 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Aug 29, 2024

Are we in a recession ? A lot of people certainly think so. After a surprisingly accurate recession indicator went off weeks ago, more and more Americans have begun to believe that we’re already facing an economic downturn. The problem? We rarely know we’re in a recession until we’re out of one. So, how can we be sure we’re in a recession and not just seeing a boomerang effect from the hot post-pandemic economy? For many Americans, it sure FEELS like a recession . Unemployment has gradually increased, the cost of living has risen significantly over the past few years, and men may be buying fewer pairs of underwear (that’s actually a recession indicator). So, if we are in a recession, what should real estate investors do now to prepare so they don’t get the rug pulled on them before it’s too late? Do you sit tight or start contemplating selling properties ? Dave , Henry , and Kathy all share what they’d do in a recession , the not-so-obvious signs of a recession (or a recession in your specific industry), and whether or not they believe we’ll be in a recession over the next year. If the worst has yet to come, you’ll be able to spot the signs of a coming recession after this episode. In This Episode We Cover Whether or not we’re in a recession right now (and signs of one) The one recession indicator going off that’s pointing to an economic downturn Signs that we’re already in a recession and what we would do during one How to deleverage yourself from riskier properties if the economy starts to slow Whether or not a recession is still in the cards over the next year Why it may be time to start saving once your husband/brother/nephew stops wearing new underwear And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area See Dave at BPCON2024 in Cancun! Dave's BiggerPockets Profile Henry's BiggerPockets Profile Kathy's BiggerPockets Profile On The Market 238 - Recession “Yellow Flags” Emerge as Unemployment Metric Rises Get Your BPCon2024 Tickets! 59% of Americans wrongly think the U.S. is in a recession, report finds Grab the Book “Recession-Proof Real Estate Investing” Jump to topic: 00:00 Intro 03:08 Is This Time Different? 04:26 Recession Indicators 09:21 What Does “Recession” Mean? 20:15 What to Do During a Recession 27:38 Are We in a Recession? Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-247 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Aug 26, 2024

Mortgage rates are falling , but the Fed hasn’t made any rate cuts yet. What’s the deal? We’re explaining it all in this August mortgage rate update with repeat guest and lender-friend of the show, Caeli Ridge . Caeli fills us in on today’s mortgage interest rates, why rates are moving without any federal funds rate cuts happening, what could cause rates to go even lower , and whether paying points on your mortgage makes sense in the current market. Good news for investors: interest rates are getting into the high sixes for some rental property loans , but lower rates aren’t always a good thing. With the economy slowing down and inflation (thankfully) seeing some significant progress, unemployment is rising, and better interest rates may come at the cost of a worse economy. But this isn’t a surprise, no matter how unfortunate it is for many workers in today’s market. We’re getting Caeli’s take on the Fed’s next moves , today’s mortgage rates, and what’s in store for future rates. This is crucial commentary from a lender working on loan products for investors in today’s exact interest rate environment, and hearing her may change your next investing move. Dave also gives his opinion on the mortgage rates we could expect to see next year and whether buying or refinancing even makes sense now. In This Episode We Cover August 2024 mortgage rate updates and where investor interest rates are right now Why mortgage rates have been falling WITHOUT the Fed lowering their rates Paying mortgage points and whether or not it’s worth it if rates are continuing to fall The BIG uptick in refinancing and purchasing activity since rates began to fall Where Dave thinks mortgage rates could be next year And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find Investor-Friendly Lenders See Dave at BPCON2024 in Cancun! Dave's BiggerPockets Profile Caeli's BiggerPockets Profile With Mortgage Rates Falling, When Should Investors Refinance? Get Dave’s Mortgage Point Calculator Analyze Real Estate Like a Pro with “Real Estate by the Numbers” Jump to topic: 00:00 Intro 00:54 Mortgage Rate Update 04:43 Powell Talks, Rates Change 09:19 Bad News if Rates Fall 10:27 What Else Affects Rates 14:04 “Points Options” Improve 15:47 Advice for Investors 18:20 Dave’s Take on Future Rates Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-246 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Aug 22, 2024

Kamala Harris has a plan to make it easier for first-time homebuyers to buy a house, but it comes at the expense of institutional investors. Eviction filings surge throughout the Sunbelt states, EVEN as apartment rent prices fall across all bedroom counts. And could commercial real estate’s struggles lead to you paying even higher property taxes ? We’re getting into it all in today’s headlines show! First, we’re talking about Kamala Harris’ new proposal to kick Wall Street out of the single-family homebuying arena, potentially opening up space for first-time homebuyers to finally break out of renting. The proposal sounds promising, but is it too late to actually impact today’s housing market when institutional investors take up such a small amount of the single-family supply? We’re giving our takes on the new proposal. Apartment rent prices fall across all bedroom counts for the first time in years. But, even with seemingly improving rent affordability, eviction filings have surged across the South. Even with the rent drops, are tenants simply unable to pay such high prices for everything, rent included, in 2024? Lastly, we’re talking about how the decline in commercial real estate and office space has led to cities increasing property taxes , and by no small amount. In This Episode We Cover Whether Kamala Harris ’ anti-Wall Street ownership proposal could work for homebuyers Why apartment rent prices are falling , and whether or not this will continue Single-family rents and why we AREN’T noticing them fall too The real reason evictions have seen such a spike across the Sunbelt states Commercial real estate -caused property tax hikes happening in THESE cities And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Property Manager Finder See Dave at BPCON2024 in Cancun! Dave's BiggerPockets Profile James' BiggerPockets Profile Kathy's BiggerPockets Profile How the Financial Policies of Trump and Harris Could Impact Real Estate Investors Kamala Harris wants to stop Wall Street's homebuying spree Asking Rents Fall Across All Bedroom Counts for First Time in 4 Years Evictions Surge in Major Cities in the American Sunbelt How much do downtown real estate losses lead to property tax hikes? Grab Dave’s Newest Book, “Start with Strategy” Jump to topic: (00:00) Intro (01:45) Harris’ New Homebuying Proposal (16:41) Rent Prices Fall (25:40) Evictions Surge in Sunbelt States (36:13) CRE-Caused Property Tax Hikes Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-245 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Aug 19, 2024

New “ broker fee ” reform could help tenants save thousands of dollars when finding their next apartment or home to rent, but it could come at a significant cost to landlords . In big cities like Boston and New York , it’s not unusual for landlords to hire a broker to help bring in more potential tenants. The problem is that, unlike the rest of the United States, landlords in these cities DON’T have to pay the broker —the tenant does. But this isn’t some small fee. These broker fees range from eight to fifteen percent of the annual rent , and in pricey Boston or New York City, that could mean thousands of dollars in fees to move into a new place. We brought on StreetEasy Senior Economist Kenny Lee to explain why this antiquated system is still in place and whether or not the reform will go through and help renters. What are the economic implications for the rental market if these reforms are passed? Will this help renters, landlords, or both, and could it actually increase competition in already competitive markets by lowering the barrier to entry for finding a new rental? In This Episode We Cover Boston and NYC’s “broker fees” explained and why they’re so different from the rest of the US How the broker fee reform could change the rental market in big cities The cost of moving and how high broker fees restrict renters who are already struggling What broker fee reform could do to rental property demand in these big cities Broker fee negotiation and what the future looks like for landlords who have to pay these finder’s fees And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area See Dave at BPCON2024 in Cancun! Dave's BiggerPockets Profile New York City’s Real Estate Brokerages Could Be Destroyed By a New Law Connect with Kenny Grab Dave’s Newest Book, “Start with Strategy” Jump to topic: (00:00) Intro (02:22) Tenants Forced to Pay Fees (05:18) Why in NYC? (08:47) New Reform to Help Renters (12:09) Will This Change the Rental Market? (15:16) Better for Everyone? Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-244 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Aug 15, 2024

We’re currently in a home insurance crisis . Everyone (except for Henry, apparently) is feeling the sting of home insurance prices rising significantly year after year. Some investors have seen their homes’ insurance costs double or triple over a few years . This is making it harder not only to protect your property but also to keep your cash flow . What do you do, and can anyone save us from this home insurance crisis? Today, we’re discussing something too big to ignore: your home insurance bill. Premiums are rising fast across coastal states and are starting to creep inland. In this episode, we’re talking about why home insurance prices have gone up so much and so quickly, the state governments actively working to get premium prices down, and what investors MUST do now to limit the price hikes coming down the road. We’re also exploring state-offered insurance programs that help homeowners whose policies have been dropped. Can the government come in and fix our insurance premium problems before it’s too late, or will rising prices lead to home price corrections as affordability suffers? In This Episode We Cover 2024’s home insurance crisis and why premium prices are rising so fast The states with the highest risk of insurance price hikes and what’s causing them Government intervention and how some states are trying to limit rising prices Whether or not higher insurance prices will cause home prices to correct in at-risk areas What investors must do NOW to keep their insurance premiums reasonable Whether people will start fleeing states with the highest insurance costs and move to more affordable areas And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find Investor-Friendly Lenders See Dave at BPCON2024 in Cancun! Dave's BiggerPockets Profile Henry's BiggerPockets Profile Kathy's BiggerPockets Profile On The Market 218 - These “Subtle Risks” Could Have Astronomical Impacts on Real Estate Expenses w/John Sheffield Learn How to Run the Numbers BEFORE You Buy with Dave’s Book “Real Estate by the Numbers” Jump to topic: (00:00) Intro (02:52) California Wildfires (06:03) Where Insurance Isn't Exploding (08:48) Why Insurance Prices are Rising (10:38) State Regulations Limit Price Hikes (13:38) Check Your Policy NOW (19:07) Effects on Home Prices (23:44) Should the Government Step In? (31:51) What Should Investors Do? Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-243 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Aug 12, 2024

A couple of years ago, everyone was expecting an “ Airbnbust ,” where short-term rental investments would sit vacant, hosts would be forced to sell, and hotels would take the reigns as the leaders in hospitality. But that didn’t (exactly) happen . Instead, we got a slightly slower short-term rental market with fewer bookings, some more supply, and a slight dip in revenue for hosts. The short-term rental market is now reaching “equilibrium,” and demand is returning. So, what do hosts need to know now? Jamie Lane from AirDNA , the leading global short-term rental data and analytics company that tracks every listing on the market, is here to give us a mid-year update . Jamie talks about how the short-term rental market is returning to normal , why demand is starting to shoot back up all while prices are dropping, and the “cracks in the system” that could point to future short-term rental weakness . He points out the short-term rental markets with the most growth potential , the oversupplied ones seeing drops in demand, and why the European Airbnb scene, even with its regulations, is exploding. Plus, he’ll share the amenities and policy changes you can make NOW to get more bookings and what to look for BEFORE you buy in a new market. In This Episode We Cover A 2024 short-term rental market update (supply, demand, pricing, and threats) The short-term rentals seeing the least demand , and why this may be worrying for hosts “Fringe” markets that are performing even better than the traditionally popular markets Why hosts are seeing a drop in revenue and the markets with weak demand International travelers returning and the minor tweaks you can make to get more bookings Jamie’s forecast for the rest of the year and why he predicts demand will rise this fall And So Much More! Links from the Show Get the Short-Term Rental Furnishing List Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area See James and Kathy at BPCON2024 in Cancun! #Airbnbust One Year Later: Did the Short-Term Rental Industry Ever Collapse? James' BiggerPockets Profile Kathy's BiggerPockets Profile Grab the Book, “Short-Term Rental, Long-Term Wealth” Jump to topic: (00:00) Intro (01:43) 2024 Short-Term Rental Update (04:56) "Cracks" Start to Form (07:24) Markets with Growing Demand (11:07) Markets to Be Cautious Of (15:52) International Travelers Return (21:20) Must-Have Amenities/Policies (24:10) 2024 Predictions (25:59) How to Set Your Prices (28:25) Why Nightly Rates Are Falling (29:55) Growing STR Markets (32:19) Everyone's Going to Europe! (36:40) Best Opportunities for Investors Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-242 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Aug 8, 2024

Why are developers ditching California NOW? Is commercial real estate still struggling , and what’s up with all those empty office buildings all over town? Does it seem like everyone is overpaying for properties nowadays? It’s not just you; we’ve been seeing it, too, but there’s a reason why they’re doing it. Today, we’re touching on hot topics from the BiggerPockets Forums and giving our takes on what investors are seeing in today’s housing market. First, everyone has another reason to bag on California real estate as developers decide to move out of the state , thanks to rising construction costs , long permitting times, and bureaucratic inefficiencies. But in a state with such massive appreciation and high rents, is it really the right move to make? Next, we’re back to the commercial real estate crash , specifically, the office investing space crash , as more and more buildings sit vacant. There’s one way to solve this, and doing so could make you a LOT of money. Who’s got the guts (and the money) to make something out of all those empty offices? Finally, we’re discussing WHY investors commonly overpay for properties and how they may be making money EVEN when you think their offers are ridiculous. Do you have an investing question? Ask it on the BiggerPockets Forums ! In This Episode We Cover The developer departure from California and why builders are ditching the Golden State Changing regulations and how it’s getting harder to build rental units Office space’s continued struggles and the one way investors can solve this problem Overpaying for properties and why investors commonly offer over the ARV (after repair value) How to audit your construction/renovation costs to know if you’re throwing away money on your rehabs And So Much More! Links from the Show Ask Your Question on the BiggerPockets Forums Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area See Henry, James, and Kathy at BPCON2024 in Cancun! Henry's BiggerPockets Profile James' BiggerPockets Profile Kathy's BiggerPockets Profile A New California Law Just Increased Regulations On Home Flippers Real Developers Leaving California What Does the Future Hold for the Office Market? So many value add buildings selling at higher total project cost then ARV Grab Henry’s New Book “Real Estate Deal Maker” Jump to topic: (00:00) Intro (01:14) Investors Quit on California (10:11) CRE Continues to Suffer (19:28) Overpaying for Properties? Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-241 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Aug 5, 2024

For the past 999 episodes of the BiggerPockets Real Estate Podcast , we’ve heard stories from investors who have achieved financial freedom through rental property investing . However, when we started this podcast in 2013 , it was a different time. The housing market had crashed just years earlier, prices were still recovering, and cash flow was abundant in many markets. But things have changed, and now we’re changing, too. Welcome to our 1,000th episode and your first look at the new BiggerPockets Real Estate Podcast . We’re getting back to the basics , sharing investor strategies that work in today’s market and showcasing the data investors need to know now so they can reach financial freedom faster . Our first guest on this new wealth-building journey is Scott Trench , CEO of BiggerPockets and rental property investor. Today, we ask Scott, “ Is financial freedom still possible through real estate , and if so, how do investors achieve it in this housing market?” Scott shares what both beginner and experienced investors must do now to reach financial freedom , who should even be investing in the first place, and the best beginner investment EVERYONE listening to this should be taking full advantage of. Ready to start building your path to financial freedom today? The BiggerPockets Real Estate Podcast is the best place to be! We also want to thank David Greene and Rob Abasolo for their massive contributions—David Greene for nearly 7 years as a host and co-host of the podcast, and Rob Abasolo for many of the past 250 episodes. They did a fantastic job building on the foundations poured by our Founder, Josh Dorkin, and Brandon Turner and continued the work of changing millions of lives. While we had hoped that Rob and David would continue to stay on as hosts in this rotational capacity, we completely understand their desire to move on to their next adventures, and wish them success in those endeavors, knowing that they will continue to change many lives with their thought leadership. We wish them the best of luck in their next endeavors. In This Episode We Cover The new BiggerPockets Real Estate Podcast and what we’re changing starting today Whether you can still achieve financial freedom through real estate in 2024 The best beginner strategy to start building wealth, EVEN with little money Who should begin investing in real estate and whether you have what it takes The problem with “ passive income ” and why hands-on rentals beat it Investing in affordable markets and who should start with out-of-state investing How you can become a millionaire without having a huge rental portfolio And So Much More! Links from the Show Find Your Next Investing Market with BiggerPockets Market Finder Join BiggerPockets for FREE Let Us Know What You Thought of the Show! Find an Investor-Friendly Agent in Your Area See Dave and Scott at BPCON2024 in Cancun! BiggerPockets Real Estate Podcast 1 - Building a Successful House Flipping Business and Losing Millions with Marty Boardman Dave's BiggerPockets Profile Scott's BiggerPockets Profile How the “Middle-Class Trap” Stops Your Early Retirement Lend to Live Millions of Americans Should Keep Their Homes as Rentals, Not Sell. Here’s Why. On the Market Podcast Yes, I’m Afraid of a Real Estate Bubble—But I Continue to Invest Anyway. Here’s Why. Grab Scott’s Book, “Set for Life” Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-240 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Aug 1, 2024

Why is everyone ignoring this one severe housing market trend , what does a 2008 crash predictor think will happen in 2025 , and why are homes starting to sit longer on the market, even with mortgage rates starting to fall? Are all the headlines pointing to housing market havoc or a return to normalization where homes aren’t flying off the market like they were just a few years ago? We’re getting into it all in this headlines episode as we touch on four of the top housing market stories from this week and give our opinions on whether they’re hype or not. First, a market-shifting trend has substantial side effects on the housing market. We’ve talked about this before, but many homebuyers are overlooking it. This trend could push people out of once-popular housing markets and into underrated areas that boast far more future-proofed benefits. What’s the trend we’re talking about? Tune in to find out! We’re also discussing the increase in average days on market (DOM) , why homes are sitting for longer, and whether this is something to be concerned about. Think moving to Washington , Texas , or Florida will save you money due to no income taxes ? Think again because there are some serious downsides to no-income-tax states most investors don’t think about. Finally, we’re analyzing a 2008 crash predictor’s 2025 forecast —could he be right again? In This Episode We Cover The one housing market trend hiding in plain sight that could become a considerable issue soon A 2008 crash predictor’s take on the 2025 housing market and whether home prices will decline Why so many people are reversing on the “great reshuffling” and moving away from sunny states A sizable bump in homes sitting on the market and why it’s taking longer to sell The serious downsides of buying/investing in a no-income-tax state And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area See Henry, James, and Kathy at BPCON2024 in Cancun! Henry's BiggerPockets Profile James' BiggerPockets Profile Kathy's BiggerPockets Profile BiggerPockets Real Estate 895 - BiggerNews: How Climate is Exploding Insurance, Building, and Investing Costs A market-shifting real-estate trend is hiding in plain sight Nearly Two-Thirds of Home Listings Have Been Sitting on the Market Longer Than a Month As Buyers Grapple With High Costs U.S. States With No Income Tax Aren’t as Affordable as You Might Think Housing analyst who predicted the 2008 home price crash weighs in on the current market Grab Henry’s New Book, “Real Estate Deal Maker” Jump to topic: (00:00) Intro (02:01) A Market-Shifting Trend (08:40) Average Days on Market Expand (18:12) Downsides of No Income Tax (27:53) 2008 Predictor’s New Forecast Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-239 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jul 29, 2024

One of the most reliable recession indicators , the “Sahm Rule,” just issued a “yellow flag” for the economy. Even now, with low unemployment, high spending, and overall economic growth, we aren’t protected from a recession or economic downturn. Will the US economy be able to dodge this recession , and will the Fed be fast enough to save us from falling into a state of high unemployment and meager economic growth? The Washington Post ’s Heather Long joins us to share the latest data on the labor market , unemployment rate , Fed rate cuts , and why this particular recession indicator is going off now. First, we talk about why there is so much positivity in the job market and why most people won’t notice the cracks starting to form. With tech jobs getting slashed and government jobs growing , are we moving in the right direction? Heather also explains a strong recession indicator, the “Sahm Rule,” and why it’s throwing up a “yellow flag” warning even with the hot job market. Finally, we’ll touch on interest rates , whether the Fed will actually come through with a rate cut this year, and how fast future rate cuts could come after the first. In This Episode We Cover The unemployment-based recession indicator that’s throwing up “yellow flags” Which industries are hiring and which are firing in 2024 What the “unemployment rate” really means, and why most people get this wrong Immigration’s HUGE effect on unemployment and how it may be skewing the numbers The Fed’s tricky decision to make and whether rate cuts could help this situation And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find Investor-Friendly Lenders See Dave at BPCON2024 in Cancun! Dave's BiggerPockets Profile On The Market 168 - How to Prepare for a Recession in 2024 Real-time Sahm Rule Recession Indicator Read More from Heather Grab the Book, “Recession-Proof Real Estate Investing” Jump to topic: (00:00) Intro (01:06) Good Time to Get a Job? (04:50) Unemployment Rate Explained (07:59) Who's Losing Their Job? (10:21) Recession "Yellow Flags" Emerge (16:56) Immigration's Huge Effect (21:05) Spending Still Going Strong? (24:16) The Fed's Rate Cut Plans Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-238 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jul 25, 2024

A new nationwide rent control proposal could cap rent increases for any landlord with a certain amount of properties. But will it actually pass? How would landlords survive when rents can only marginally increase each year while expenses continue to see double-digit percentage price growth ? We’re getting into this story and a few more hard-hitting housing market headlines on today’s episode! First, we’re talking about the new rent cap proposal coming straight from The White House. This could significantly affect anyone who owns a large real estate portfolio or plans to in the future. Is this proposal merely a grab for votes, or could it actually come to fruition? Next, great news for homebuyers, as mortgage rates fall once again , all while completed homes see a sizable boost. Is this a sign that a healthier housing market is to come? Why are international buyers fleeing the US housing market ? Could this end up helping first-time homebuyers who have to fight off less competition? Finally, we talk about the twenty hottest housing markets that are seeing a BIG increase in home viewership. If you own a home in one of these markets, it might be time to consider selling. In This Episode We Cover The newest rent cap proposal that could stop landlords from raising rents higher than five percent each year Mortgage rates drop again, but are more rate cuts coming this year? Increased housing inventory and signs of a healthier housing market forming Why international homebuyers have had a significant pullback from the US housing market The hottest markets in America and whether homeowners here should consider selling And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find Investor-Friendly Lenders See Henry, James, and Kathy at BPCON2024 in Cancun! Henry's BiggerPockets Profile James' BiggerPockets Profile Kathy's BiggerPockets Profile Biden Proposes Rent Increase Limits, With Penalties for Landlords Who Don’t Listen White House Plan to Limit Rent Increases Nationwide Reignites Debate Housing Market Gets Back-to-Back Good News Here's why international buyers are pulling way back from the U.S. housing market If You Live in One of These 20 Housing Markets, Consider Selling While It’s Still Hot Grab Henry’s Newest Book, “Real Estate Deal Maker” Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-237 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jul 22, 2024

For the past four years , everyone, and we mean everyone, has been doing some form of home improvement . All your friends are redoing their kitchens, your spouse keeps asking when you can renovate the bathrooms , and your best friend just built their dream home office with—don’t get too excited—recessed lighting. This was the home renovation boom of the decade, and now, we could be at the tail end of it. With home improvement spending starting to dip , interest rates keeping homeowners from big projects, and labor costs still sky-high, what happens when enough demand leaves the market? Do material prices fall as manufacturers try to lure homeowners back in? Will labor costs soften with contractors waiting for work? We brought on The Wall Street Journal ’s Ryan Dezember to get some answers. In today’s show, we discuss the boom and bust of lumber prices , why home renovations are starting to stall, what impact this could have on materials , and whether or not the home improvement spree will pick back up as new construction starts decline. If you’re planning a home renovation, you'll want to hear this episode before you begin. In This Episode We Cover An update on the home renovation industry and why demand is shrinking Labor costs and the factory-building boom that’s taking away all the contractors The surprisingly old age of most American homes and why so many renovations happened High interest rates and their effects on home improvement project spending Whether or not we’re already in the home renovation “slowdown” and what could happen next And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find Investor-Friendly Lenders See Dave at BPCON2024 in Cancun! Dave's BiggerPockets Profile James' BiggerPockets Profile BiggerPockets Real Estate 514 - How Small Landlords Can Beat the Hedge Funds This Could Be the Year the Home-Improvement Boom Fizzles Out. Here's Why. Deck Maker’s $450 Million Bet on America’s Renovation Boom Grab “The Book on Estimating Rehab Costs” Jump to topic: (00:00) Intro (02:36) The Home Renovation Boom (06:58) The Labor Shortage Explained (10:51) Which Costs Are Rising the Most? (14:44) High Rates Curb Demand (20:20) More Supply, Lower Prices? (25:59) Home Renovation Predictions Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-236 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jul 18, 2024

Airbnb bans escalate, a “tsunami” could be coming for this real estate niche , and “sinking” cities lead to skyrocketing insurance prices. The housing market changes every week, so we’re here to break down the headlines and sift through the hype so you know what could impact YOU. Dave Meyer and the entire On the Market panel are here to discuss four of the top real estate-related news stories from this week. First, we discuss the commercial real estate credit crunch that could cause a “tsunami” in the office investing space. Next, one major European city will ban Airbnb by 2028 in an effort to give locals a better chance at buying their first home. Will it work, or is it just a move to get more votes? With the dust of the NAR settlement settling, homebuyers could face thousands in fees to work with an agent, but will this stop homebuying? Before we go over our last headline, make sure you’re standing on solid ground because “sinking” cities are becoming the new norm. Is your home slowly sliding off a cliff? If so, your insurance costs could be rising even higher. We’ll get into this story and the rest of the relevant real estate news on this episode! In This Episode We Cover A world without Airbnb and whether the newest ban could actually help homebuyers Another “tsunami” coming for real estate and whether there’s truth behind the hype Private equity ’s new plan to gobble up even more real estate as one niche suffers More fees for homebuyers as agent commissions change, but will this have to be paid out of pocket? “Sinking” cities causing rising insurance costs and sliding home values And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area See Dave, Henry, James, and Kathy at BPCON2024 in Cancun! Dave's BiggerPockets Profile Henry's BiggerPockets Profile James' BiggerPockets Profile Kathy's BiggerPockets Profile On The Market 201 - Breaking: NAR Settles for $418M, Buying and Selling Homes Could Change Forever The commercial real estate credit crunch: ‘There’s a tsunami coming’ What does a world without Airbnb look like? First-Time Homebuyers Could Face Thousands in New Costs Following NAR Settlement U.S. cities are sinking. Here’s what that means for homeowners Grab Dave’s Newest Book, “Start with Strategy” Jump to topic: (00:00) Intro (01:47) A “Tsunami” Coming? (12:47) The Airbnb Bans Begin (21:22) New Fees for Homebuyers? (28:20) Cities Are Sinking Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-235 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jul 15, 2024

We might have just found the most under-the-radar real estate market of 2024 . It’s got jobs, appreciation potential, and affordable homes, and it’s growing…fast! The best part? We’re not sure anyone has ever talked about this specific market, so we’re going to be the first. But you had better be fast; most investors might start looking up homes for sale in this market after this episode! Which market are we talking about, and why are we so excited? We’ll share all the details in today’s show! We’ve asked the entire On the Market panel to each bring “under-the-radar” real estate markets to share on today’s show. Many of these markets are small(er) towns but boast some HUGE investing benefits you won’t find in big cities or the already-hyped areas. From Midwest cash flow to Southern healthcare hotspots and one town that our panel gets VERY excited about, any of these markets could help you build wealth WITHOUT having to fight off competition from other buyers. If you’re still looking for an investing market, check out our new tool, Market Finder ! Dave and his team designed this tool to help you easily identify your next market to invest in! Once you’ve found a market, check out properties with our Deal Finder tool! In This Episode We Cover Four of our favorite “under-the-radar” real estate markets nobody is talking about The TINY town that could see massive growth as one huge employer makes big moves The cash-flowing Midwest city with rock-bottom unemployment and strong rent growth AND appreciation The small town in Texas that Kathy personally picked for her new build-to-rent investments Why medium-term rentals and assisted living facilities could see BIG returns in this healthcare hotspot And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Find Your Next Investing Market with BiggerPockets Market Finder Get Your Next Deal Faster with BiggerPockets Deal Finder Join BiggerPockets for FREE Find an Investor-Friendly Agent in Your Area See Dave, Henry, James, and Kathy at BPCON2024 in Cancun! Dave's BiggerPockets Profile Henry's BiggerPockets Profile James' BiggerPockets Profile Kathy's BiggerPockets Profile 8 “Under the Radar” Housing Markets With Low Prices and High Cash Flow Buy Henry’s Newest Book, “Real Estate Deal Maker” Jump to topic: (00:00) Intro (03:03) 1. Underrated Midwest Market (09:33) 2. Small Town Texas Investing (18:50) 3. Southern Healthcare Hotspot (27:47) 4. Best Market Ever? (36:22) Our Favorite Markets Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-234 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jul 11, 2024

See Dave, Henry, James, and Kathy at BPCon2024 in Cancún, Mexico! Grab your ticket here! The housing market is “stuck” and may stay that way for the next two years. With low inventory, high mortgage rates , stunted demand, and high rents, it seems like there’s nowhere to go. If you’re a homeowner, this could mean good news , as price stability keeps your property value high. But, if you’re looking to buy a home or work in a real estate-related industry, this isn’t what you want to hear. What happens after 2026 , and what changes will come to the housing market over the next two years? We’re breaking it all down in today’s headlines show! First, we’re discussing why economists think the housing market will remain “stuck” until 2026 and what happens to housing prices along the way. Next, if you’re looking for deals, you’re in luck! We’re showcasing some of the “coldest” markets in the US that are seeing prices start to fall already. Is your home insurance bill killing your cash flow? We’re diving into a recent survey on the insurance “shock” hitting landlords and what investors MUST do now to account for rising prices. Speaking of rising prices, are rent prices crossing the affordability threshold for most renters? We’re getting into it all in this episode! In This Episode We Cover Why the housing market may stay “stuck” until 2026 , and what happens after Home price appreciation predictions and whether we’ll continue to see values increase The “cold” real estate markets seeing price cuts and stagnant listings How new and experienced investors can prepare for the insurance “shocks” that keep coming Affordability updates and why rent prices may be peaking as tenants struggle to afford housing And So Much More! Links from the Show Grab Your Tickets to BPCon2024 in Cancún, Mexico Find an Investor-Friendly Agent in Your Area Join BiggerPockets for FREE Join the Future of Real Estate Investing with Fundrise Subscribe to The “On The Market” YouTube Channel Start Investing with Dave’s Newest Book, "Start with Strategy" Dave's BiggerPockets Profile Henry's BiggerPockets Profile Kathy's BiggerPockets Profile On The Market 218 - These “Subtle Risks” Could Have Astronomical Impacts on Real Estate Expenses w/John Sheffield The housing market is ‘stuck’ until at least 2026, Bank of America warns Want To Snag a Real Estate Deal? These 20 ‘Cold’ Markets May Be a Buyer’s Best Shot at a Bargain The home insurance shock hitting the housing market has landlords concerned, too Renters Must Earn $66,120 to Afford the Typical U.S. Apartment. The Typical Renter Makes $11,000 Less Than That. Jump to topic: (00:00) Intro (03:51) Housing Market “Stuck” Until 2026 (13:59) Markets Seeing Price Cuts (19:49) Insurance “Shock” Hits Landlords (25:41) The Rent is Too High! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-233 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jul 8, 2024

The mortgage industry has just been through one of its biggest booms and busts , but some tech-first, cost-saving innovations could improve things for borrowers after this current cycle . During the low-interest rate environment, transactions were at record highs as borrowers rushed to refinance or buy homes at rock-bottom rates. But, once interest rates shot up, the volume stopped, and those in the mortgage industry saw their incomes plummet . Many had to raise prices to keep the lights on, making originating a mortgage even more expensive for borrowers. But things are changing—for the better. Faith Schwartz from Housing Finance Strategies is here to unveil some of the groundbreaking changes the mortgage industry is making and how it could make getting a mortgage more accessible and cheaper for first-time homebuyers and investors. Faith even shares some new loan products we didn’t know about , from mortgages that help low-money-down borrowers to products that allow access to equity without refinancing or using a HELOC (home equity line of credit) . With mortgage origination costs around a whopping $13,000 , Faith walks through the new technology that could dramatically reduce this high price for borrowers and lenders. Plus, an AI and high-tech push from the government could completely flip this often archaic system. If you invest in real estate , want to invest, or work in a real estate-related service, this will seriously impact you! In This Episode We Cover Tech-first solutions that could make originating mortgages cheaper and faster The massive boom and subsequent bust that led to today’s struggling mortgage industry Why originating a loan is SO expensive, and the fees that could be eliminated in the future How the Federal government is creating new policies that help struggling buyers New loan products that can assist first-time homebuyers and those with untapped home equity And So Much More! Links from the Show Find a Lender Join BiggerPockets for FREE Join the Future of Real Estate Investing with Fundrise Subscribe to The “On The Market” YouTube Channel Start Investing with Dave’s Newest Book, "Start with Strategy" See Dave at BPCON2024 in Cancun! Dave's BiggerPockets Profile Dave's Instagram On The Market 220 - Top Lenders Share “Good News” for Mortgage Rates + Trending Investor Loans Connect with Faith on LinkedIn Jump to topic: (00:00) Intro (01:39) The "Perfect Storm" Mortgage Industry (06:45) Mortgage Businesses Going Under? (08:55) The True Cost of a Loan (12:49) Government-Fueled Innovation (17:33) Saving Homeowners During the Pandemic (23:04) Tech-First Mortgages Are Coming (25:54) New Loan Products to Know About Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-232 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jul 4, 2024

Zillow’s latest housing market forecast shows a decline in home prices over the next year after a very slow spring homebuying season. While spring is traditionally the hottest time of the housing market, with more sellers and buyers hitting the market at once, this year was stunted significantly . Will this trend continue as housing inventory remains at rock-bottom levels, or are things gradually improving, with a return to normalcy in sight? We’ve got Dr. Skylar Olsen , Chief Economist at Zillow , on to share the latest forecast and which markets could be in trouble. With mortgage rates still hovering around seven percent, homebuyers and sellers are stuck. Sellers don’t want to trade into a more expensive mortgage payment, and buyers can’t afford today’s median home price. As a result, some under-the-radar, affordable real estate markets are seeing home and rent prices increase , while some traditionally hot markets are already seeing price corrections . Where will the next correction hit , and which markets will have the most opportunity for real estate investors? Skylar explains it all, plus why Zillow updated their recent home price forecast to show a DROP in home values over the next year . In This Episode We Cover Zillow’s updated housing market forecast and why they’re predicting prices to drop The spring homebuying season’s “extra slowdown” and why buying/selling is so stunted Skylar’s 2025 housing market and mortgage rate predictions What happens when mortgage rates get cut, and whether this could fire up the housing market again The real estate markets seeing the most price corrections , plus hot markets Zillow is keeping an eye on Markets with the strongest rent growth (for single-family AND multifamily investors) And So Much More! Links from the Show Find a Lender Join BiggerPockets for FREE Join the Future of Real Estate Investing with Fundrise Episode Show Notes Subscribe to The “On The Market” YouTube Channel Start Investing with Dave’s Newest Book, "Start with Strategy" See Dave at BPCON2024 in Cancun! Dave's BiggerPockets Profile Dave's Instagram Property Manager Finder BiggerPockets Real Estate 959 - BiggerNews: 2024 Housing Market Update and Why Prices Are Still Rising Access Zillow’s Free Housing Data Jump to topic: (00:00) Intro (01:41) Homebuying Sees “Extra Slowdown” (06:56) Homes Sitting Longer (08:39) More Inventory On the Way? (13:42) Zillow Updates Forecast (18:17) Markets Seeing Price Corrections (21:35) Hot Markets (23:00) Where Rents Are Growing (27:10) Investors, Watch THIS (29:53) 2025 Predictions Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-231 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jul 1, 2024

“Super cities” are seeing a massive comeback in demand —one that most investors thought was impossible. With work-from-home being scaled back by many major companies, returning to downtown is a no-brainer for high-paid employees. With more amenities than the suburbs, younger workers are being enticed back into the office . And who’s winning with all this boomeranging demand? You guessed it— office investors . We brought CBRE’s Richard Barkham back to give us the latest update on how cities and office investors are faring. Office investing has been heavily criticized over the past few years as vacancies exploded and tenant turnover became increasingly common. Office space was an easy target as remote work became the new norm. However, trends change, and Richard sees a massive investing opportunity in certain office space sectors. But which cities are worth investing in and around? What type of office investments are faring the best? And will we continue to see downtown demand rebound? We’ll get into it all in this episode of On the Market . Plus, stick around to hear Richard’s predictions on interest rate cuts , whether or not we’ll achieve a “soft landing,” and what investors must be looking at NOW to make significant gains over the next few years. In This Episode We Cover The cities seeing the biggest influx in demand and why Americans are moving back to downtown Why the “doom loop” scenario never came true, even though so many forecasters predicted it The one type of office investing that could see a massive surge in demand over the next two years Richard’s “number one investment strategy” of 2024-2025 that investors MUST look into How residential real estate investors can take advantage of the rising demand for downtown housing And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Property Manager Finder Hear Our Past Episodes with Richard: On the Market 141 - The “Doom Loop” That Could Crash Commercial Real Estate On the Market 179 - A “Year of Opportunity” to Come for Multifamily, Says CBRE’s Richard Barkham Read CBRE’s Latest Reports: Analysis of US Prime Office Buildings Shaping Tomorrow’s Cities Jump to topic: (00:00) Intro (01:24) Cities See Returning Demand (05:41) The "Doom Loop" Scenario (07:16) Offices Are Filling Up Fast (11:24) #1 Investment Nobody is Thinking About (15:37) Investing In and Around Cities (22:31) Rate Cuts and Economic Predictions (26:06) Investors MUST Do This Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-230 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jun 27, 2024

When will housing prices drop? Will real estate prices go down, or are we stuck with ever-worsening affordability as home prices continue to rise? What’s the solution to affordable housing, and why can’t investors just build smaller, more affordable homes? Our panel of expert investors gets asked these questions all day, so in this episode, we’re taking the above questions and some others from the BiggerPockets Forums and throwing them at our seasoned investors to get their takes. First, we ask, “What would have to happen for home prices to drop?” Investor or first-time homebuyer, you’ve probably asked yourself this question. We’ll give an in-depth scenario of the exact supply and demand factors that could cause prices to finally fall . Next, how to create affordable housing and why investors might be the answer. With high home prices, is it better to buy and hold or flip houses in today’s market? Plus, the experts share exactly WHICH markets they see the most potential in today. Finally, you’ll get the pro flipper’s tips for comping properties in a market with barely any home sales. Do you have a question to ask the experts? Post it in the BiggerPockets Forums , and we may answer it on a future show! In This Episode We Cover What would cause home prices to fall and affordability to improve (and if it’s likely) The investor-friendly solution for affordable housing that could help you build wealth while providing much-needed housing Flipping vs. renting and what will make you the most money in today’s market The rarely talked about real estate markets with immense potential that we’d invest in today How to comp (compare) properties when the market is changing and there are limited home sales And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram Kathy's BiggerPockets Profile Kathy's Instagram Property Manager Finder See Henry, James, and Kathy at BPCON2024 in Cancun! Ask Your Question on the BiggerPockets Forums Jump to topic: (00:00) Intro (01:43) Could Home Prices Fall? (07:43) How to Create Affordable Housing (16:50) Best Time to Flip Houses? (22:24) Where We’d Invest Today (31:51) James’ Rules for Comping (34:02) Ask Your Question Here! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-229 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jun 24, 2024

Downward pressure on rent prices is causing a “cascade” effect across all unit types. Whether you live in a luxury apartment or budget-friendly multifamily building on a busy street, you’ve probably seen asking rents lowering around you with apartment concession offers in many leasing offices. With multifamily supply hitting “peak completions,” apartment operators have had to tackle rising vacancy rates by lowering rents. But this trend could be reversing soon , just as things were getting more affordable for renters. Jay Parsons , rental housing economist, spends much of his day searching through rental data to find trends pointing to what could happen next. We’ve brought him on to understand why rents are dropping , where they could be heading, and what happens now that multifamily construction is starting to pause. Jay speaks on the rebounding rental demand that’s starting to show, why our “oversupply” of multifamily could quickly become a shortage, which apartment classes are seeing significant rent price discounts, and whether or not these problems could spill over into the single-family rental market . Plus, Jay gives his outlook for the next few years on whether or not rent growth will reaccelerate as multifamily construction starts fall significantly. In This Episode We Cover A rental demand update and why rent prices are getting more affordable What’s causing the recent demand rebound in the multifamily rental market? Why our multifamily “oversupply” could quickly vanish and create a new problem Growing demand for single-family rentals and why these investors may be in a better position When rent growth could reaccelerate and supply could shrink once again One growing risk multifamily investors must be aware of when choosing a market And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Property Manager Finder See Dave at BPCON2024 in Cancun! Rent Prices Are “Guaranteed” to Increase Over the Next Two Years—Here’s Why Connect with Jay: Follow Jay on LinkedIn Jump to topic: (00:00) Intro (01:38) Rental Demand Rebounding? (05:03) We're at "Peak Completions" (07:52) What's Being Built? (12:14) Rent Cuts For All (18:09) Single-Family Rental Supply Shrinks (21:04) Wage Growth Outpaces Rents (23:12) Is It Better to Rent? (26:19) Supply and Rent Predictions (30:33) Big Regulatory Risks Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-228 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jun 20, 2024

Will we finally get the rate cuts the Fed hinted at earlier this year? Has the job and housing market taken a big enough hit for us to still be concerned about inflation ? And how are more Americans going mortgage-free during such economic uncertainty? The housing market is changing fast, but we’re here to break down all the latest data from recent headlines as we touch on inflation , rate cuts, housing market competition, foreclosure activity , and more! We know what you want to hear about—rate cuts. We’ll touch on the latest Fed update in our first headline, as the chance of a 2024 rate cut increases with last week’s promising inflation data release. This is good news for homebuyers but may make getting a job (or keeping one) challenging. What do we mean? We’ll explain it all at the start of the show. Next, housing competition begins to drop as inventory increases and homes sit on the market longer. Will this lead to a decrease in home prices over the next year? One top listing site believes so. With all this worry about mortgage rates, many Americans are going in the opposite direction as mortgage-free homeownership steadily increases. This could have long-lasting effects on housing inventory , but when will it hit? Finally, we touch on the increase in foreclosure activity and whether or not it’s a sign of a shaky housing market to come! In This Episode We Cover The Fed’s new rate cut prediction and how big the cut could be in 2024 Inflation rate updates and why financial markets celebrated last week How a spike in new listings could lead to lower competition and on-market houses sitting longer The steady increase in mortgage-free homeownership and what happens when these houses get inherited Why foreclosure activity is starting to rise , but it may not mean what you think And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram Kathy's BiggerPockets Profile Kathy's Instagram Property Manager Finder See Dave at BPCON2024 in Cancun! Headlines from Today’s Show: Rate Cuts Housing Competition Mortgage-Free Homeowners Foreclosures Book Mentioned in the Show: Real Estate Deal Maker by Henry Washington Jump to topic: (00:00) Intro (02:11) Fed Gives New Rate Prediction (08:41) Housing Competition Cools Off (22:07) Homeowners Go Mortgage-Free (31:06) Foreclosure Activity Increases Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-227 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jun 17, 2024

Multifamily sales are at the lowest point in the past four years. We haven’t seen transaction levels this low since the start of the pandemic and after the last housing crash. But, for buyers, this could point to some tremendous opportunities . With fewer sales could come higher cap rates , lower prices , and more profit per dollar spent on your next multifamily deal. The question is, how low will prices go, and when WILL be the right time to buy? Xander Snyder , Senior Commercial Real Estate Economist at First American, joins the show to give us the latest update on multifamily sales, prices, cap rates , and even a prediction for 2025 . Xander strongly argues that multifamily price declines could be far from over. With buyers patiently waiting for sellers to drop their prices and the cost of capital still so high, motivated sellers must act quickly to get a buyer, which could mean more price cuts . We’ll also discuss why cap rates are expanding and how they’ve already jumped fifty percent in some markets. Plus, what could happen to rents as the “oversupply” of multifamily investments hits the market? An even better question is what happens when all that supply gets used up? We’re answering it all in this episode. In This Episode We Cover 2024 multifamily transaction volume updates and why sales are so low Cap rate expansion and why this is great news for buyers (but NOT for sellers) Why multifamily price drops aren’t even close to finished Rent price growth predictions and why multifamily investors shouldn’t be too sure that they can increase rents How our multifamily “oversupply” could quickly become an undersupply What to expect from the multifamily market in 2024 and into 2025 (significant changes!) And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Property Manager Finder See Dave at BPCON2024 in Cancun! Multifamily Is Likely To Start Recovering in 2024—Here’s Why Follow Xander on X Why Apartment Rents are Poised to Decline in Former Pandemic Hot Spots (Graph) Jump to topic: (00:00) Intro (01:03) Multifamily Transactions at Rock-Bottom (04:34) Why Volume is So Low (06:29) Buyers Are Waiting for This (08:38) Cap Rates Expand (13:53) Investors Will Have to Wait (14:57) Will Prices Keep Declining? (17:38) Multifamily Rent Forecast (19:36) The "Oversupply" Could Flip (23:26) 2025 Predictions Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-226 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jun 13, 2024

Zero-down mortgages are back. That’s right. You can now get into a home with (potentially) zero dollars out-of-pocket. But wait…this is starting to sound a bit like 2008. Remember the fully-funded mortgages that didn’t require income verification? Are we back to the days of NINJA loans as homebuyers struggle with affordability, forcing them to take on zero-down loans? Not quite. We’ll explain why on this headlines show! This time, we’re talking about the new zero-down mortgage loan . But that’s not all. One crucial housing metric has exploded , and if you sell, BRRRR , or flip houses, this is one metric you MUST pay attention to. Remember back in 2021 when lumber prices were so high that you needed to take out a personal loan to buy a toothpick? The mahogany tables have turned as we bring some good news for new construction investors and home renovators. Lastly, we look overseas at the international housing markets that are seeing the biggest price drops and increases. We also share where we would invest abroad and whether or not we think these markets beat the good ol’ USA. Stick around for your latest housing market update on this headlines show! In This Episode We Cover New zero-down mortgage loans and whether they’ll lead to risky home purchases What you must know (and do) if you’re going to buy a home with low money down The one home price metric you should pay attention to when flipping, rehabbing, or buying new construction Good news for new builds and why lumber has finally returned to pre-pandemic price levels The international housing markets seeing the biggest price drops , and whether we’d buy there or not And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram Kathy's BiggerPockets Profile Kathy's Instagram Property Manager Finder See Dave at BPCON2024 in Cancun! No Money Down Loans: How Do They REALLY Work? Zero-down mortgages are making a comeback A key home price metric has skyrocketed since 2019 Federal Reserve rate stagnation impacts wood products markets 3 International Locations Where Housing Prices Are Plummeting Post-Pandemic Jump to topic: (00:00) Intro (01:22) 0% Down Mortgages Return (14:13) Crucial Housing Metric JUMPS (20:41) Lumber Prices Stabilize (26:51) International Home Prices Drop Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-225 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jun 10, 2024

Wholesaling real estate may be banned nationwide within a few short years. After a new law was passed in South Carolina prohibiting the practice, other states started to follow their lead, making their own laws that limit or completely restrict wholesaling real estate . Why is this happening now, and if a nationwide wholesaling ban does get passed, are there loopholes for wholesalers to still make money assigning properties? South Carolina real estate attorney Gary Pickren is on the show to explain. Gary is no stranger to wholesaling. He’s quick to tell you how crucial wholesaling has been to his business ’s growth. But Gary isn’t trying to dance around the new laws and pretend that everything will be alright for real estate wholesalers. In fact, Gary believes that this new South Carolina law could change real estate wholesaling forever , and it may even be for the best. We’ll describe the new South Carolina law and the legal verbiage that spells out the wholesaling ban. Gary even gives a completely legal way of getting around the new wholesaling law , but the rules MUST be followed. If you’re a wholesaler anywhere in the United States, this law directly affects you and your livelihood. Not staying up-to-date on this could, at best, cost you money or, at worst, land you behind bars. In This Episode We Cover Wholesaling explained and why the practice is currently in jeopardy The newest South Carolina wholesaling law and its monumental effects on the industry Wholesaling “assignments” defined and the risk of marketing a property in the wrong way Whether or not this new law could lead to a nationwide ban on wholesaling Gary’s savvy way to get around this wholesaling ban through this one type of “contract” Whether or not this new law applies to commercial real estate wholesaling as well And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel James' BiggerPockets Profile James' Instagram Kathy's BiggerPockets Profile Kathy's Instagram Property Manager Finder A New South Carolina Law Would Severely Crack Down on Wholesaling Wholesale Real Estate – What Is It & How to Get Started For Beginners Is Wholesaling Legal? It’s Complicated Jump to topic: (00:00) Intro (01:38) What is Wholesaling? (05:33) Working Against Realtors? (07:59) How Everything Changed (13:52) The Real Problem with Wholesaling (16:27) The End of Wholesaling (20:33) Tricky Legal Language (28:01) A Nationwide Wholesaling Ban? (34:47) What About Commercial Real Estate? Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-224 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jun 6, 2024

House flipping vs. renting vs. build-to-rent : which real estate investing strategies could make you the MOST money in the second half of 2024? At the beginning of the year, many investors believed that interest rates would be coming down, housing inventory would finally return to the market, and inflation had been defeated. But that didn’t turn out to be the case. In this ever-changing housing market, what should investors like you do to make the most money possible with the fewest risks? We asked three of our expert panelists to give their take! So today, we’re having a friendly real estate investing strategy smackdown to pit house flipping against buy-and-hold against build-to-rent homes. Each strategy has BIG benefits but also comes with some serious risks rookie and expert investors should be looking out for. Plus, these investing strategies are NOT for everyone. We’ll discuss who should (and definitely shouldn’t) invest using each method. 2024 is not an easy real estate market, but our expert investors lay out the exact risks to avoid , how to get around them, and the best ways to build serious wealth while most Americans sit on the sidelines. We’ll talk about the enormous gains you can make even with high interest rates , what James calls the best way to find financial freedom , how to invest EVEN if you have very little time, and the one type of rental property with WAY lower insurance and repair costs. In This Episode We Cover The three best real estate investing strategies of 2024 and which methods we’re using TODAY Buy-and-hold real estate and the CRUCIAL skill that will help you build a real estate portfolio faster The costs that can kill your house flipping business, but the massive gains you can make EVEN in 2024 Build-to-rent investments and why this may be one of the easiest ways to invest in real estate Don’t have experience or money? How to form partnerships that’ll grow your wealth even if you’re a beginner And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram Kathy's BiggerPockets Profile Kathy's Instagram Property Manager Finder How to Build Wealth With Rental Properties Through Buy & Hold Investing Flipping Houses: How to Get Started and Everything You Should Know Investors Are Putting Their Money in Build-to-Rent Homes at a Record Rate—What’s Causing the Frenzy? Jump to topic: (00:00) Intro (01:18) Buy (Renovate) and Hold (08:32) Who Should Buy and Hold? (10:05) Biggest Risks (12:04) Flipping Houses (17:41) Who Should Flip? (20:01) Biggest Risks (22:57) New Construction (31:34) Biggest Risks (34:36) Best 2024 Investing Strategy Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-223 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jun 3, 2024

Millennials can’t afford homes , but somehow, their younger siblings, Gen Z, can . Even with over a decade more work experience than Gen Z, Millennials still feel priced out of the housing market. So how can the younger generation, only twenty-seven years at the oldest, already be on track to beat Millennials in the homebuying race , all while mortgage rates and prices are high, inventory is low, and inflation is eating away at Americans’ disposable income? We’ve got Redfin’s Chen Zhao back on the show to explain. Today, we’re trying to answer one question: Who is buying all the houses? With younger generations struggling to buy and more Baby Boomers aging in place , real estate investors want to know their competition and who they may be selling their homes to. In this episode, Chen breaks down the data behind age trends in homebuying , plus shares why Millennials fell behind past generations. But that’s not all. We’re getting into the changing landscape of the “buy vs. rent” debate and whether more renters now will mean fewer homebuyers in the future. Plus, with an aging Baby Boomer generation, will we finally see the “ Silver Tsunami ” of housing inventory hit the market as boomers “age in place,” especially with their large share of family-sized houses? Could our housing supply problems reverse if a sizable amount of inventory hits the market? We’re answering it all coming up! In This Episode We Cover Why Millennials can’t afford houses , and the reason so many still don’t own homes How Gen Z is already on track to get ahead of Millennials even with today’s economic turbulence Buying vs. renting a home and the “mismatch” between what renters want and what landlords supply A potential reversal of our massive housing shortage and when this could happen Whether or not the “Silver Tsunami” will hit the housing market as boomers get older How the increase of “aging in place” will affect home inventory as Gen Z/Millennials try to buy And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Property Manager Finder On the Market 151 - The Math Behind Mortgage Rates and Why They’re Staying Put Real Estate Podcast 867 - Zillow and Redfin Top Economists Give Their 2024 Housing Market Predictions Why Are Millennials So Behind in Homeownership? Connect with Chen: Chen’s LinkedIn Redfin News Redfin’s “From Our Economists” Redfin Report: Gen Zers and Young Millennials Took Out 40% of U.S. Mortgages in 2023 Jump to topic: (00:00) Intro (01:03) Are Millennials Priced Out? (04:29) Millennials’ Lost Decade (07:46) Gen Z is Getting Ahead (11:08) Is Homebuying Overrated? (16:56) The Housing Shortage Could Reverse (19:58) Boomers Ageing in Place (25:20) Young People are STILL Buying! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-222 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

May 30, 2024

Home prices are still soaring as they hit a new record high , despite high mortgage rates and low inventory dampening demand. At some point, this unaffordable housing market must make Americans even a bit bearish on real estate , right? Well, maybe not, according to a new survey that shows what Americans view as the best investment in the long term . But these updates are just the tip of the iceberg on today’s headlines show! We’re back to discuss the housing market’s most hard-hitting headlines and share our opinions on whether they’re fact, fiction, or pure hype. First, Americans give their take on the best long-term investment , and one asset in particular reigns supreme (sorry, it’s not crypto!). Next, will record-breaking home prices push demand down even further, forcing house flippers and home sellers to get desperate? Our experts share exactly what they’re seeing in their local markets. Speaking of home sellers, are you selling right now? If so, there are five things you CAN control that’ll help you sell your home faster and for more , even in today’s tough housing market. Expert house flipper James Dainard gives even more tips on how he gets his flips sold at lightning speed, even during slow seasons. Finally, we touch on Airbnb’s latest party-pooping and how they’re putting hosts in the driver’s seat to protect their properties from ragers that could ruin their homes. Plus, an update on the end of endless shrimp (check out this episode for context). Just getting into real estate investing? Catch a FREE investing webinar on how you can get in the game as a complete newbie. Ready to invest? Join BiggerPockets Pro and use code “NEWMARKET24” for 20% off , plus get access to elite investor tools to help you get more deals done! In This Episode We Cover Why Americans think this asset is the best long-term investment Home price updates and what the effects could be with housing prices hitting record highs Five tips to sell your home faster and for more money even in today’s housing market What an expert house flipper does on EVERY home he sells to get the best price possible Airbnb’s newest party ban and how hosts can protect their properties An unfortunate update on one of America’s most beloved seafood restaurant chains And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram Kathy's BiggerPockets Profile Kathy's Instagram Property Manager Finder BiggerPockets Real Estate Podcast 959 - BiggerNews: 2024 Housing Market Update and Why Prices Are Still Rising Want to Sell Your Home Fast—for the Most Money? Do This Articles from Today’s Show: Best Long-Term Investment Home Prices Home Seller Tips Airbnb Parties Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-221 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

May 27, 2024

We may be close to some serious mortgage rate relief , according to today’s panel of top lenders. With interest rates finally starting to slide after cooling inflation and lackluster job growth, investors are gaining hope that we could see more affordable mortgage rates resurface after a very harsh past two years. So, what could come next? Stick around because we’ve got mortgage rate predictions and the best investor loans to look for coming up in this episode! Caeli Ridge , Krystle , and Kenny Simpson , our expert investor-lenders, are back on the show to give their take on the commercial and residential mortgage space. All are feeling a bit more optimistic as we see rates finally trend into the six-percent range for primary residence homebuyers, with rates up another percent or so for investors. But with today’s mortgage rates still relatively high, which loans should investors use? From DSCR loans (debt service coverage ratio) to HELOCs (home equity line of credit) , construction loans, and more, we’ll get into each of these loan products and share which ones investors are taking advantage of today. Plus, if you’re struggling to find cash flow in today’s tough housing market, our lenders offer some simple but significant solutions to boost your ROI and help you build your portfolio. Do you have an adjustable-rate mortgage? If so, you MUST heed our commercial lender’s words, as you could get a surprise increase in your monthly mortgage very soon. In This Episode We Cover Top lenders’ mortgage rate predictions and updates on today’s rates Why mortgage rates haven’t fallen faster and why there’s hope on the horizon Trending loan products investors are using to build their real estate portfolios even with high rates Why commercial lenders are getting cautious and starting to deny this one type of loan ADU (accessory dwelling unit) lending updates and why it could be easier to get ADU funding soon How to boost your cash flow and maximize your ROI WITHOUT buying more properties And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Property Manager Finder On The Market Podcast 185 - Top Lenders on Mortgage Rate Predictions + Loans You’ve NEVER Heard Of w/Caeli Ridge and Krystle and Kenny Simpson BiggerPockets Daily Podcast 1263 - Investors: Stop Worrying About Interest Rates—Here’s Why Right Now Is the Time to Buy On The Market Podcast 184 - Fannie Mae’s Mortgage Rate “Range” to Expect in 2024 and 2025 Connect with Caeli : Caeli's BiggerPockets Profile Caeli's Instagram Caeli's LinkedIn Caeli's Website Connect with Krystle and Kenny: Kenny's BiggerPockets Profile Krystle's Instagram Kenny's Instagram Krystle's LinkedIn Kenny's LinkedIn Kenny's X/Twitter The Simpson Team's Website Jump to topic: (00:00) Intro (01:07) Mortgage Rate Predictions + Update (08:16) Trending Loan Products (11:29) Commercial Lenders Get Cautious… (19:41) Everyone’s Building ADUs! (26:29) Advice for 2024 Investors (33:07) Work with a Solid Lender Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-220 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

May 23, 2024

If you’re like most investors, you’ve probably asked yourself, “ Should I pay off my rental property early? ” With today’s high mortgage rates , troublesome inflation , low inventory, and risky economy, many investors don’t know whether it’s the right move to pay off their mortgage, reinvest in their properties, or go out and buy more. Paying down your debt gives you a guaranteed return, but with home prices still climbing, you could miss out on the sizable appreciation of getting another rental. On today’s show, we’re going to debate which is the best move to make. Should you pay off debt, buy more investment properties, reinvest in your portfolio, or put more money down when you buy? Each investor has a different method for their next move, but thankfully, our expert panel gives their thought processes for figuring out which decision is best for your portfolio. Henry even shares his “three buckets” framework that EVERY investor should think through BEFORE investing or paying off a property. We’ll also discuss the crucial calculations you can use to help you decide and avoid analysis paralysis if you’re stuck between choices. Plus, how a high-risk house flipper like James protects himself from downsides even during tough markets like today. Don’t pause on making moves that could help you reach financial freedom; stick around, and we’ll show you exactly how to know which moves to make in 2024’s housing market! In This Episode We Cover Whether to pay off your mortgage early , reinvest, or buy more properties Why EVERY investor needs to calculate return on equity (ROE) on their portfolio Is it too risky to invest today? Why James is making even more high-risk investments in 2024 The “three buckets” of your real estate portfolio that will help decide what you should do with your cash What to do with extra money and how to make some serious passive income with private money lending The only time when we would put a large down payment on a rental property And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram Property Manager Finder Should You Pay Off Your Mortgage Early or Invest? BiggerPockets Real Estate 622 - ROE over ROI and Why Your “Cash Flow” Number is Deceiving Books Mentioned in the Show Real Estate by the Numbers by Dave Meyer Start with Strategy by Dave Meyer Jump to topic: (00:00) Intro (02:06) Too Risky to Invest? (09:18) Pay Off Debt Instead? (15:56) Value-Add and Reinvesting (23:55) Putting More Money Down Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-219 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

May 20, 2024

Owning real estate could get expensive —yes, even more expensive than it already is today. Insurance prices , property taxes, maintenance costs, and more are going through the roof, and there isn’t much stopping these costs from jumping even more. What’s accelerating the rise in these upkeep costs? Hotter summers, colder winters, and more natural disasters. Growing climate risk is making real estate deals harder and harder to pencil, and even some safer areas to invest are seeing sizable pricing upticks. John Sheffield from ICE brings us the latest data on the financial impacts of climate risk in this episode. When we say “climate risk,” we know what you’re thinking: hurricanes, tornadoes, and wildfires. But that doesn’t even scratch the surface of what’s causing real estate expenses to jump . Areas of the US with once-cool summers are now experiencing record-breaking heat, increasing hail damage is denting roofs and breaking windows, and flooding has become the norm. These subtle climate effects have huge implications for your bottom line. So, what should you do to secure the profit you’re looking for on your next property? John hits on the expenses that are rising the most , the areas where home upkeep costs could almost mirror monthly mortgage payments , and what investors must do when underwriting their next deal to account for this massive jump in expenses. In This Episode We Cover The actual cost of climate risk and the expenses that are seeing the most significant pricing surges Why even areas without hurricanes, fires, or tornadoes are still at significant risk Property tax problems and underfunded local governments that could quickly raise taxes Insurance underpricing that could lead to even more expensive home protection Areas where home prices could drop as a result of inflated home expenses Where to find and track climate data so you know where (and where not) to invest And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Property Manager Finder BiggerPockets Real Estate 951 - BiggerNews: Why Low Mortgage Rates Can’t Solve Our Affordability Crisis BiggerPockets Real Estate 895 - BiggerNews: How Climate is Exploding Insurance, Building, and Investing Costs Growing Home Insurance Costs Will Destroy Your Cash Flow—Here’s What You Can Do About It Jump to topic: (00:00) Intro (01:31) Costly Climate Risk (07:56) A Huge Insurance Problem (14:31) Property Taxes and Utility Costs (20:38) Maintenance Inflation (22:54) What Investors Must Do (25:22) Prices Could Drop Here (30:08) Where to Find Climate Data Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-218 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

May 16, 2024

The unemployment rate begins to rise as job growth slows in the latest jobs report, prompting many to wonder, “ Will this finally lead to interest rate cuts? ” With so many investors waiting and hoping for rates to fall, this metric may point to exactly what the Fed is looking for. But while waiting for rate cuts, investors could miss out on a huge opportunity to buy at discounted prices. If you’re sitting on the sidelines, you could be making a big mistake. What do we mean? We’re getting into it all in this headlines show! We’ve got four economic news stories to discuss today, ranging from Redfin’s $9.25 million settlement as part of the agent commission lawsuits to new jobs report numbers and what Americans really think about the economy. First, we’ll touch on Redfin news as the discount brokerage settles in what seems to be the never-ending NAR lawsuit . Next, Americans think now is the worst time to buy a house . Do we disagree? Not really! But, we do believe it could get even worse very soon for those who don’t buy before it’s too late. Next, we’ll review the latest jobs numbers , from rising unemployment to slowing growth, and whether this will prompt the Fed to finally cut rates . Lastly, we’ll hit on consumer sentiment and America’s growing economic pessimism. With so many Americans living in financial fear , why aren’t we seeing a drop-off in travel and consumer spending? If you’re listening to this episode on a plane to Europe with your designer bag and $500 headphones, we’re talking about you! Stick around as we break down the top economic headlines and their impacts on the housing market . In This Episode We Cover The latest agent commission settlement and the huge payout from Redfin Is now the worst time to buy a house , and what happens if home prices keep rising? The one type of real estate that may see a serious uptick in demand over the next few years New jobs report numbers and whether this could finally prompt the Fed to lower rates Consumer sentiment and the extremely confusing economic pessimism we’re seeing now Why you DON’T have to wait for rates to drop to get your next real estate deal And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram Property Manager Finder Grab Dave’s Rent vs. Buy vs. House Hack Calculator Articles from This Episode: Redfin Worst Time to Buy Jobs Report Consumer Sentiment Buy or Rent? Jump to topic: (00:00) Intro (01:13) Redfin Settles in Commission Lawsuit (06:03) Worst Time to Buy a House? (16:25) Job Growth Slows, Will Rates Drop? (27:47) Economic Pessimism Peaks Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-217 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

May 13, 2024

Squatters' rights have been a serious subject of debate over the past few years. It seems that more and more investors and even one-off landlords are dealing with squatters staying in their homes , whether they’ve had a lease in the past or not. This puts landlords in a strange predicament: try to get squatters out the legal way or offer unconventional incentives to entice the squatters to leave on their own accord. But how can a landlord prevent squatters from getting inside in the first place? Denise Medina and Patrick MacQueen , attorneys based in Detroit and Phoenix, are here to share exactly what a landlord must know about squatters’ rights and how to get a squatter out of your property legally. With new squatter laws taking effect in states like Florida , it seems that landlords and local governments have had enough. However, squatters’ rights remain strong in many other areas, such as James Dainard’s own Seattle, Washington. So what can landlords from either coast do to get squatters out ? We’ll break down where squatters’ rights even came from , how landlords can get the legal upper hand and get a squatter OUT of their property , the exact steps a landlord should take, the prevention methods to stop squatting in the first place, and how James deals with squatters frequently without ever having to go to court! In This Episode We Cover Squatters’ rights explained , and the ancient laws that they’re based on Why state governments are getting tired of squatters and tightening up their laws What qualifies someone as a “squatter,” and why it’s MUCH broader than you think Evictions 101 and the steps every landlord should take to get a squatter out “ Cash for keys ” and maneuvering around the courts to remove squatters Trespassing vs. squatting and why the police CANNOT simply come and take a squatter away And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram James' BiggerPockets Profile James' Instagram Property Manager Finder: biggerpockets.com/findapm Learn to Be a Landlord with the BiggerPockets Bootcamps Real Estate Rookie Podcast 360 - Trespassers Took Over My Property! (How to Get Rid of Squatters ASAP) BiggerPockets Real Estate 390 - 7 Figures From ONE Deal With Leka Devatha Connect with Denise: https://www.thefgfirm.law/attorneys/denise-medina/ Connect with Patrick: www.medalistlegal.com Jump to topic: 00:00) Intro (02:17) "Squatting" Explained (06:00) A Rise in Squatters? (10:22) Squatters' Rights (19:01) What Landlords Can Do (26:19) Tips for Landlords (28:15) How Squatting is Changing (33:03) Cash for Keys Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-216 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

May 9, 2024

The housing market has seen unprecedented home price growth in the 2020s . Already, we’ve almost beat the past three decades, and we aren’t even halfway through our own. And now, with home price growth slowing , many people wonder how we’re still in a position of high housing costs and low inventory. The answer is simple: “Switching costs” are holding the housing market in limbo , and the more you know about them, the more our current situation makes sense. Put simply, “switching costs” are not only the financial but also the psychological costs of selling your current home and buying a new one. With mortgage rates close to double what most Americans have locked in, there’s a substantial financial consideration when purchasing a new home. Lance Lambert , co-founder of ResiClub and housing data authority, is on the show today to talk about home prices , housing inventory , and how “switching costs” influence both. Lance details how our massive home price acceleration put many Americans in an affordability bind, making “switching costs” higher than in recent history. So, how do we cross the threshold to enter a time when “switching costs” are low, prices are stable, and housing inventory returns? Lance walks through exactly how to tell the direction your local housing market is going in and the data investors must look at to get a better sense of how home prices and housing inventory are trending . In This Episode We Cover “Switching costs” explained and why they’re keeping the US housing market in limbo The “ lock-in effect ” that’s suppressing our housing inventory and keeping owners from selling Inflation’s sizable role in the massive home price appreciation we’ve been seeing The slow recovery in active listings and how far behind pre-pandemic levels we are The one data point you must follow if you want to gauge how healthy your local housing market is And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram On the Market 108 - How the Pandemic Polarized America’s Property Market w/Lance Lambert On the Market 189 - The Fed’s Plan “Backfired,” Now They’re Scrambling w/Logan Mohtashami National home price growth this decade has already surpassed that of the entire 1990s and 2010s Read More from Lance: https://www.resiclubanalytics.com/ Jump to topic: (00:00) Intro (01:27) Housing Inventory Update (05:00) “Switching Costs” Shoot Up (10:52) Are Owners “Locked-In”? (16:04) Can Home Price Growth Last? (21:36) How to Predict Your Market (26:10) Connect with Lance! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-215 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

May 6, 2024

Multifamily syndications are getting squeezed. With short-term financing coming due and mortgage rates at multi-decade highs, syndicators are calling on their original investors to raise more money so they don’t lose the deal. The problem? If you’re an investor, how do you know if your additional investment will ever be returned? Could a syndication simply burn through your money without making any promising changes to the investment? What should you know BEFORE you put up the cash for a capital call? We brought two syndication experts, Brian Burke and Mauricio Rauld , on to share their tips for navigating capital calls. Before we start, let’s clarify this isn’t exclusively a syndication or multifamily problem . Much of the commercial real estate market is facing financing problems as loans come due and mortgage rates stay high . However, this problem has become a lot more common for syndication investors since rates started rising. In this episode, we’ll break down what a capital call is , why syndications do them, whether or not you’re obligated to invest more, and what investors MUST look for before putting up cash . If a capital call comes your way, we have the exact questions you should ask the syndicator to ensure your money is being used correctly. Plus, if you’re a syndicator or plan on being one in the future, we share the steps to pull off a capital call the right way and make your investors whole. Making the wrong move could cost not only your investor’s money but also your money and lead to serious legal consequences. Don’t get stuck in that spot; stick around! In This Episode We Cover: Capital calls explained , why they happen, and why they’re becoming common in multifamily Syndications 101 and the reason they’ve become popular among passive investors Commercial lending problems and the bridge loans that are squeezing multifamily investors What investors MUST look for when a capital call comes their way and the questions to ask The right way to execute a capital call and the steps every syndicator should follow And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Kathy's BiggerPockets Profile Kathy's Instagram BiggerPockets' Instagram Recent Episodes with Brian: On the Market 71 - The Multifamily “Bomb” is About to Blow, Here’s What You Need to Know On the Market 147 - Top Multifamily Investors’ Advice for Buyers in 2023? DON’T Do It! Real Estate Podcast 900 - The Truth About Real Estate Investing in 2024 (What Investors NEED to Know) BiggerPockets Money 219 - Syndications: Everything You Need to Know BEFORE You Invest Connect with Brian: Brian's BiggerPockets Profile Connect with Mauricio: Mauricio's BiggerPockets Profile Book Mentioned in the Show: The Hands-Off Investor by Brian Burke Jump to topic: (00:00) Intro (03:24) What’s a Syndication? (08:05) Multifamily is Getting “Squeezed” (12:57) Why “Capital Calls” Happen? (16:20) What Investors MUST Look For (22:25) Sponsor Loans and Raising More Money (28:26) Ask THESE Questions (37:56) The Right Way to Capital Call Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-214 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

May 2, 2024

Texas and Florida are seeing stagnating home prices as housing inventory booms while demand slips away. Housing is still expensive, but with more inventory, why is it staying that way? While the southern states catch their breath from the unprecedented demand of 2020 - 2022, a new housing market is taking control as one of the hottest areas in America . Is it all hype, or could this housing market really be a winner? We’re touching on this week’s news in today’s headlines episode! But first…shrimp. How much shrimp is too much shrimp? Apparently, miscalculated shrimp is a very costly mistake, as a beloved American chain restaurant could be declaring bankruptcy due to a costly “all you can eat” deal gone wrong. But before we get into crispy bottom feeders, we’ll talk about the home price woes Florida and Texas are facing as their inventory booms, but home prices stay stagnant. Speaking of stagnation, we discuss “ stagflation ” and whether or not this economy-killer could hit the US. With Americans getting fed up with the South’s high prices, a new Midwest market has been named America’s new #1 housing market , but would WE invest in it? From market saturation to stagflation, shrimp miscalculations, and top housing markets, we’re wrapping up this week’s economic news so you can invest better than the rest, so stick around! In This Episode We Cover: Southern inventory booms and why home prices are stagnating in once “hot” markets The nation’s new #1 housing market in a surprisingly small city you probably haven’t heard of Growing love for affordable housing markets and why so many Americans and businesses are moving Stock market sliding and the real fear that “ stagnation ” could hit the US economy The one chain restaurant that may be going bankrupt because of a jumbo-shrimp-sized miscalculation And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram Kathy's BiggerPockets Profile Kathy's Instagram James' BiggerPockets Profile James' Instagram BiggerPockets' Instagram Headlines from Today’s Show: Texas and Florida Home Prices New #1 Housing Market Stagflation Shrimp Jump to topic: (00:00) Intro (00:55) Texas and Florida’s Inventory Booms (07:31) #1 Housing Market in America (15:06) Next Stop, Stagflation? (23:46) Going Bankrupt On Shrimp Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-213 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Apr 29, 2024

When housing inventory is low, where do you go? Foreclosure rates are down, short sales are a hassle, and the open housing market has barely any sellers—is there a better way to find deals? Yes! Enter real estate receivership—the hidden housing inventory that our own James Dainard has been using for years to get better deals than what’s on the market. How do they work, and what’s behind these discounted deals ? Attorney Jake Flothe works with receiverships daily and has seen the inside and out of these transactions that most real estate investors know nothing about. In short, receivership is when a court-appointed receiver takes control of a property in order to sell it to pay back creditors on the borrower’s behalf. This alternative to foreclosure and bankruptcy helps many real estate investors and everyday Americans escape a financial bind and can bring better properties to your investment portfolio . Jake gets into the nitty gritty of why someone would go into receivership, how to finance these discounted deals , the vast benefits of receivership over foreclosure or short sales , what the bidding and buying process looks like, and the one clause that could kick you out of an amazing receivership deal. In This Episode We Cover: The hidden inventory of “receiverships” that most investors have no idea about Why receivership real estate may be an even better deal than foreclosures The bidding process and how to start putting in offers on these discounted deals A BIG reason why foreclosures are down and receiverships are “ramping up” One clause that could completely ruin your receivership deals Why YOU may need to consider receivership if your deal goes sideways And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram James' BiggerPockets Profile James' Instagram BiggerPockets' Instagram What is a Foreclosure? The Complete Guide HousingWire CEO: This Inventory Shortage Could Last Decades Connect with Jake: Jake's LinkedIn Jake's Website Jump to topic: (00:00) Intro (01:50) What is Receivership? (06:05) Can You Finance It? (07:40) Better Than Short Sales? (11:54) Bidding and Buying (16:36) Receivership is “Ramping Up” (21:20) The “Bump” Clause (23:33) Fewer Foreclosures? (24:36) How to Buy Receivership Properties Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-212 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Apr 25, 2024

America is in need of affordable housing ; we’re all aware. Buying your first home has become increasingly challenging for everyday people. This is where housing subsidies come in. Federal housing subsidies were created over ninety years ago to help Americans get into the housing market and strengthen the economy, but in 2024, much of that money may not be headed to homebuyers —it could be going to banks instead. On today’s show, we talk to Sharon Cornelissen , Ph.D., Director of Housing at the Consumer Federation of America . Sharon’s mission is to advocate for safe, affordable housing with equitable mortgage lending for American consumers . In this episode, Sharon illuminates the shocking fact that most Americans are completely unaware of— billions in housing subsidies AREN’T being used for housing . So, if they’re not going to homebuyers, where are all the subsidies headed? Sharon discusses the banks that could be receiving a significant amount of these subsidies without providing any benefits for homebuyers, how the Coalition for Federal Home Loan Bank Reform is trying to change this, and how, if they succeed, affordable housing could see a MASSIVE influx in subsidies, that could help the housing market tremendously. In This Episode We Cover: Where the $7.3 billion in housing subsidies is actually going The Federal Home Loan Bank system and why it’s in dire need of reform How the mortgage market changed over the past century and why we’re seeing these problems How over $1 billion could be directed straight towards affordable housing How Sharon picked up a $7,000 house in one of the most devastated real estate markets And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Kathy's BiggerPockets Profile Kathy's Instagram BiggerPockets' Instagram Consumer Federation of America Federal Home Loan Banks Connect with Sharon: Coalition for FHLB Reform Sharon's LinkedIn Sharon's X/Twitter Jump to topic: (00:00) Intro (01:17) Buying a $7,000 House! (04:41) $7.3B in Housing Subsidies! (11:45) Is It Working? (14:44) The Big Problem (18:59) A Solution for Affordable Housing Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-211 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Apr 22, 2024

Over the past few years, you’ve probably heard the term “ walkability ” thrown out. For those who have lived in big cities, this is a common factor to use when deciding where to live or work . If you can catch a quick bus or walk to the office , the grocery store, restaurants, or a movie theater, there’s a fair chance you’ll pay more for where you live . But, most real estate investors aren’t thinking about this, and their ignorance could cost them. Jeff Speck , city planner and writer, is on the show to discuss how walkability , smart urban planning , and intentional property design can help you make much more money while improving the lives of your tenants and neighbors. Jeff has seen time and time again how smart urban planning leads to higher home appreciation and rents and a safer, happier community. The problem? Most of us are stuck in car-reliant American suburbs with little walkability and lacking public transportation. After hearing this episode, you’ll easily be able to spot the properties that will grow faster in value due to smart city planning. So, before you go out and buy your next property, make sure it aligns with Jeff’s four components of walkability because if it does, you could have a valuable property on your hands that most other investors won’t even notice! In This Episode We Cover: Walkability explained and why this is such a crucial factor in home and rent prices The four components of walkability and how to ensure your property fits The huge portion of Americans who want walkable properties and communities Mixed-use development and why Americans want more than big yards and big houses Urban design trends to pay attention to that could change the real estate landscape How to get your city leaders to take the steps to building more walkable communities And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram BiggerPockets' Instagram Connect with Jeff Jeff's Instagram Jeff's LinkedIn Jeff's X/Twitter Jeff's Website Books Mentioned in the Show: Walkable City by Jeff Speck Walkable City Rules by Jeff Speck Suburban Nation by Andrés Duany The Death and Life of Great American Cities by Jane Jacobs Homelessness is a Housing Problem by Clayton Page Aldern and Gregg Colburn The High Cost of Free Parking by Donald Shoup (00:00) Intro (01:07) Why We Need “Walkability” (07:32) Americans WANT Walkable Spaces (09:49) Bringing Back Walkable Cities (15:19) Profit Potential to Look For (19:33) Will This Increase Affordability? (25:13) Urban Design Trends to Watch (33:01) What Investors Should Do Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-210 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Apr 18, 2024

Welcome to the first-ever On the Market Housing Market Awards! This year, we’re giving out awards for the best housing market in the country, best beginner real estate investing strategy , best experienced investor strategy , and most negative impact on real estate . But we’re not just giving out the awards; we’re also getting one, as On the Market has recently been named a 2024 Webby Honoree for business podcasting! With over 13,000 podcast applicants, we made it to the top ten! We’re honored to have been honored, but it’s even more of an honor to share our On the Market housing market picks with you in today’s episode! First, we’re pitting the country against itself to see which region has been giving the biggest win to investors . Then, we’re going over the beginner investor strategy that anyone can use to start building wealth in 2024 (it’s almost a cheat code!). For experienced investors, we share the best strategy that you can use to sit back and collect passive cash flow . Finally, we give our award for the most negative impact on the housing market; who will win: high interest rates, low inventory, inflation , or the “YouTube crash bros”? Thank you again to the Webby judges for choosing On the Market as one of the best business podcasts in the world! And thank you, our listeners, for tuning in and loving On the Market —we wouldn’t be here without you! In This Episode We Cover: The newest podcasting award for the entire On the Market team The best housing market in the country to invest in (and whether or not it’ll last) One investing strategy that ANY real estate beginner can use to start building wealth How to make truly passive income with this experienced real estate investing strategy Why you CAN’T trust the " YouTube crash bros" who keep telling you housing is about to tank Whether or not Dave is wearing sweatpants under his suit while recording this episode And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram Kathy's BiggerPockets Profile Kathy's Instagram BiggerPockets' Instagram 2024 Webby Business Podcast Honorees Book Mentioned in the Show: Lend to Live by Alexandria Breshears and Beth Pinkley Johnson Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/on-the-market-209 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Apr 15, 2024

America is in an affordable housing crisis. With home prices rising dramatically over the past four years and rents following right along, tens of millions of Americans are spending a significant chunk of their income just to put a roof over their heads. This means less money in Americans’ pockets for education, nutritious foods, investments, or an emergency fund . But, new government policies could help lessen the budgeting blow Americans are feeling from unaffordable housing costs, and investors may be able to help while turning a profit. Dennis Shea , Executive Director of the J. Ronald Terwilliger Center for Housing Policy at the Bipartisan Policy Center , has been fighting for affordable housing long before the recent ramp-up in housing costs. Today, we ask Dennis what caused our unaffordable housing market , why it got even worse after the pandemic, the impacts high home prices have on the economy, and the potential solutions every investor should know about. We even ask the uncomfortable question: Are investors to blame for the state of housing prices? But worry not—Dennis shares numerous ways investors can actually help low-income households and their communities while turning a profit with affordable housing development . If you’re looking to invest while building an even better housing market , this is the episode for you! In This Episode We Cover: Why America is experiencing such a shortage of affordable housing units in 2024 The “root of the housing crisis” that MUST be solved for our housing market to stabilize Why housing became even more unaffordable after the pandemic One potential solution that could be a massive win-win for real estate investors and tenants The affordable housing tax credit that could see a fifty-percent boost is passed What investors can do to help build affordable housing WHILE turning a profit And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram BiggerPockets' Instagram Resources Mentioned from Today’s Show: A Bipartisan Opportunity To Address the Affordable Housing Crisis | Opinion Bipartisan Policy Center Exploring the Affordable Housing Shortage’s Impact on American Workers, Jobs, & The Economy The American Housing Act The Impact of Zoning On Housing Affordability Connect with Dennis: J. Ronald Terwilliger Center Website Dennis' LinkedIn Dennis' X/Twitter Check out more resources from this show on BiggerPockets.com : https://www.biggerpockets.com/blog/on-the-market-208 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Apr 11, 2024

Mortgage rates were supposed to be going down by now, but what happened? Even in late 2023, many housing market experts predicted that we’d be seeing high to mid six percent mortgage rates at this point and hovering around the high five percent rate mark by the end of the year, but the Fed isn’t showing any sign of lowering rates soon. Some experts even believe rates could go UP again this year as the job market stays hot and the economy sees unprecedented strength. This begs the question: What IF mortgage rates remain high? It’s a reality many of us don’t want to see, but 2024 could end with minor, if any, rate cuts, keeping monthly mortgage payments high and affordability low. So, what should an investor do in this situation? Sit on the sidelines? Invest in a different asset class? Pray to Jerome Powell? While that last option may be worthwhile, top real estate investors are saying that NOW is the time to buy BEFORE rates fall. What do we mean? We’ve got the entire expert investor panel here to give their take on what investors should do IF rates don’t fall. From house flipping to l ong-term buy and hold rentals , our nationwide panel of investors shares exactly what they’re doing to make money even with high interest rates . Plus, we’ll give our predictions on when rates could fall , what will happen to housing inventory, what young people should do NOW to get their first house, and why investors need to “reset” if they want to thrive in this high rate housing market. In This Episode We Cover: Mortgage rate predictions and when interest rates could finally start falling What should investors do IF mortgage rates stay high throughout 2024 The “lock-in effect” and whether or not high rates are leading to lower inventory The homes that are flying off the market in many areas (and the ones that are sitting) How young people can creatively get into their first home or investment property Why investors MUST “reset” their expectations if they’re to build wealth in this housing market And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram Kathy's BiggerPockets Profile Kathy's Instagram BiggerPockets' Instagram The Federal Reserve Leaves Rates Untouched as Pressure Mounts on Inflation Top Lenders on Mortgage Rate Predictions + Loans You’ve NEVER Heard Of Why Mortgage Rates AREN’T Falling Check out more resources from this show on BiggerPockets.com : https://www.biggerpockets.com/blog/on-the-market-207 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Apr 8, 2024

For the past few years, “ subject to ” real estate has been all the rage. Everyone is talking about how they scored a great real estate deal by taking over a seller’s rock-bottom interest rate mortgage payment. You see it all over social media, “I got this house for zero dollars down with a three percent mortgage rate!” And while this may seem too good to be true, the practice of subject to real estate isn’t illegal , but some of its huge risks could ruin an inexperienced real estate investor. So, who do we have on to talk about subject to? Eddie Speed ! Eddie is a creative financing master who’s been in the real estate note investing business for over forty years . Eddie has been around the block more than most and has seen the good and bad sides of subject to real estate. It’s become alarming to Eddie how many inexperienced investors are using this strategy without knowing the risks , putting their wealth and, more importantly, sellers in danger by being far too cavalier about the massive downsides of getting this real estate strategy wrong. Eddie walks through exactly how subject to works , the one clause that could blow up your entire deal , what will trigger it, the difference between subject to and assumable loans, who should be using subject to , and who DEFINITELY shouldn’t. Even if you’ve done a subject to deal before, you’d better stick around for this one, because you may have gotten it wrong. In This Episode We Cover: Subject to explained and whether this “ no money down ” strategy is worth the risk Subject to real estate vs. assumable mortgages and why these are NOT the same strategy The “due on sale” clause that could ruin your entire deal (and what triggers it ) A workaround to the “due on sale” clause that most investors get WRONG Who should be investing in subject to real estate (and why it’s probably NOT you) Often overlooked state laws that could put you in hot water if you’ve done a subject to deal And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Kathy's BiggerPockets Profile Kathy's Instagram BiggerPockets' Instagram Subject To Real Estate Explained Connect with Eddie Eddie's Facebook Eddie's Website Check out more resources from this show on BiggerPockets.com : https://www.biggerpockets.com/blog/on-the-market-206 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Apr 4, 2024

Squatters’ rights are quickly being stripped away as more states move to end this widespread illegal occupation of private property. Blackstone predicts real estate prices to “bottom” as they gear up to go on their next homebuying shopping spree. Rent increases get capped for affordable housing , and why doesn’t the American public know about the BILLIONS of dollars in government housing subsidies ? It’s another wild week in the housing market, so let’s get you up to speed. In this Headlines Rumble show , we’re pitting the top housing market headlines against each other as we dive deep into the stories that affect real estate investors the most. First, we talk about DeSantis’ war against the squatters , as Florida becomes one of the first states to take action against squatters illegally occupying private property. Next, we discuss the $7.3 billion in housing subsidies that banks receive but AREN’T flowing into homebuyers’ pockets. So, where is all that money going? Blackstone predicts real estate will “bottom” soon as they prepare to buy over $1 billion in single-family homes this year. If one of the most data-backed hedge funds in existence is saying now is the time to buy, should you begin searching for your next property? Finally, we’ll discuss the recent rent caps for affordable housing that are stopping landlords from increasing their rents even during times of quickly rising costs. In This Episode We Cover Squatters’ rights explained and why states are finally saying no to squatting The massive homebuying subsidies that no one knows about (but should!) Blackstone’s bet on a “bottoming” housing market and whether or not this means you should buy NOW Affordable housing rent increase caps and why this may lead to even less affordable housing The winning real estate market in our “ Market Madness ” bracket! And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram James' BiggerPockets Profile James' Instagram Kathy's BiggerPockets Profile Kathy's Instagram BiggerPockets' Instagram Market Madness: 8 Housing Markets We’d Place Big Bets on in 2024 Flip/Off: Whose House Flip Can Pull In the Biggest Return? Articles from Today’s Show: Squatters Delinquency Rates Home Renovation Costs Housing Subsidies Blackstone Rent Caps Check out more resources from this show on BiggerPockets.com : https://www.biggerpockets.com/blog/on-the-market-205 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Apr 1, 2024

The NAR lawsuit changed the real estate industry overnight. Just like that, buyer’s agents were no longer getting their standard three percent commission , and many investors began imagining what buying and selling homes would be like without realtors. But is this massive NAR settlement as dramatic as the headlines are making it out to be? Is there really an agent exodus on the horizon, or is this just a way for the bad agents to exit the industry quickly? We brought on a panel of top investor-friendly agents to find out. Joining us are four agents from across the nation: Avery Carl , Craig Curelop , Juliet Lalouel , and Mike Savegnago . All of these agents are affected by the recent NAR lawsuit settlement, but they don’t seem so shaken up. For many of these agents, this lawsuit simply thinned the competition , putting the expert agents back on top while showing the less-than agents the door. Plus, after the recent deals they’ve done, they’re not too concerned about a lack of buyer’s agent fees. Today, we’re asking each of them their thoughts on the changes to the NAR’s rules , how this will affect buying and selling homes, what this means for real estate agent commissions , and what agents should do NOW to get ahead of the game . Plus, since our agent panel is all investors as well, they give some crucial advice on finding an agent in your area that will help you build your real estate portfolio even bigger. In This Episode We Cover: The NAR lawsuit explained and what it means for real estate agent commissions A “huge exit of agents” and how this could change the real estate industry forever What to do when a seller offers you or your buyer’s agent a zero-percent commission What real estate agents need to start doing NOW to ensure they still get paid The key signs of an investor-friendly agent that any landlord should be looking for Massive downsides of buying or selling without an agent (it will cost you…) And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Avery's BiggerPockets Profile Avery's Facebook Avery's Instagram Avery's LinkedIn Avery's Website Craig's BiggerPockets Profile Craig's Facebook Craig's Instagram Craig's Website Juliet's BiggerPockets Profile Juliet's Instagram Juliet's Brokerage Instagram Juliet's YouTube Juliet's Website Mike's BiggerPockets Profile Mike's Facebook Mike's LinkedIn BiggerPockets' Instagram Breaking: NAR Settles for $418M, Buying and Selling Homes Could Change Forever Check out more resources from this show on BiggerPockets.com : https://www.biggerpockets.com/blog/on-the-market-204 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 28, 2024

Compass is the latest brokerage to settle after the recent NAR lawsuit made sweeping changes to agent commission payments. With NAR, Keller Williams, Compass, and more associations and brokerages paying out massive settlement fees and rewriting their agent agreements, could we be on the cusp of even more lawsuits to come? We’re breaking it all down in this week’s On the Market headlines episodes! First, we’ll discuss what happened in the Fed meeting last week and whether interest rate cuts could still be coming down the line in 2024. Unsurprisingly, the Fed has forecasted even stronger economic growth than expected, but will this hold rates where they are? Next, Compass pays $57.5 million to settle their antitrust lawsuit , but even with this week’s news and last week’s NAR settlement, many top agents aren’t seeing much of a change in demand. Redfin reports on a sizable bump in housing inventory , with the “biggest increase in nearly a year,” as more homes for sale begin hitting the market. This is great news for the housing market, but will it start to slow down sales? Finally, we discuss how much you have to make to afford a $500K home and how affordability struggles could keep many Americans renting for much longer than they anticipated. In This Episode We Cover: Compass’ recent agent commission lawsuit settlement and what this means for investors The Fed’s rate cut predictions for 2024 and when we can expect rates to finally fall Strong economic projections from the Fed that point to a successful soft landing What the annual spring housing inventory increase could do to the market (will it even make a dent?) Housing affordability and how much you need to make to buy a $500K home And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram Kathy's BiggerPockets Profile Kathy's Instagram BiggerPockets' Instagram Breaking: NAR Settles for $418M, Buying and Selling Homes Could Change Forever Flip/Off: Whose House Flip Can Pull In the Biggest Return? Headlines from Today’s Episode: Fed Meeting Compass Settlement Housing Inventory How Much to Afford a $500K Home Check out more resources from this show on BiggerPockets.com : https://www.biggerpockets.com/blog/on-the-market-203 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 25, 2024

It’s March Madness season, so we thought we’d create a bracket of our own, pitting some of the best real estate markets against each other to see which one will win the top seed for best city to invest in 2024. Each of our expert hosts picked two real estate markets, all with a March Madness team, and share why these markets will beat out the rest in 2024. Need a new real estate investing market? You’ll find more than a few in this episode. If you want a slam-dunk housing market with layup rental property potential and three-pointer demographic trends (population, jobs, and income growth), we’ve got you covered. We scoured the nation’s housing market data and picked some of the country's fastest-growing, most affordable, and highest rent-to-price property markets that you can start investing in now. And they’re not just good college basketball towns—almost all of the cities we list have standout rental property metrics compared to most average US cities. Heard one of your favorite housing markets on this episode? Want to vote for the market you’re bullish on? Head over to the BiggerPockets Instagram NOW and vote for your favorite housing market for 2024 ; we’ll be sharing an update on the votes on a future On the Market episode! In This Episode We Cover: Coastal beach cities seeing MASSIVE population growth and strong appreciation potential Kathy’s favorite Midwest market that offers affordable home prices and stable employment A South Carolina city with well below-average home prices that even psychics predict will BOOM An affordable market in the Northeast that hosts huge appreciation and one of the best universities in America The “boring” southern city that’s sitting on a solid economy and cheap home prices And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram Kathy's BiggerPockets Profile Kathy's Instagram BiggerPockets' Instagram Get a Slice at Frank Pepe’s Pizzeria Next Time You’re In New Haven Books Mentioned in the Show Start with Strategy by Dave Meyer The Small and Mighty Real Estate Investor by Chad Carson Check out more resources from this show on BiggerPockets.com : https://www.biggerpockets.com/blog/on-the-market-202 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 22, 2024

A bombshell NAR settlement could bring wide-sweeping changes to the housing market . After a snowball of NAR lawsuits, the realtor association agreed to settle for a whopping $418 million and make critical changes to how real estate agent commissions are paid and how competition can be upheld. This significantly impacts anyone buying or selling a home and has life-changing effects for every real estate agent and realtor in the country. The New York Times’ Debra Kamin joins us to break the story. Debra breaks down the enormous legal loss that NAR (National Association of Realtors) suffered last week and the impacts it will have on the housing market. First, we discuss the new agent commission rules , which may break the standard six percent fee that realtors are used to taking. These commissions are real estate agents’ livelihoods, and a new model that supports lower commissions could force many agents to leave the industry entirely. We’ll also touch on the turbulent times NAR has faced recently, from sexual harassment scandals to changing leadership and, now, a massive settlement that could lose them more than half of their members . Will a new type of real estate agent form from the ashes of this century-old model? Or, could a brand-new way of buying and selling homes transform the housing market? Stay with us; we’ll give you the entire scoop. In This Episode We Cover: NAR’s massive settlement creating ripple effects across the real estate market The new real estate agent commission rules that could shock an entire industry Changes to the multiple listing service (MLS) that may open the market up to new competition The future of buyer’s agents and whether or not they’ll remain a critical component to buying a home Sexual harassment scandals , turbulent leadership, and recent NAR struggles What the future of using a real estate agent could look like And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Debra's NYT Debra's Website Debra's Twitter BiggerPockets' Instagram The NAR Will Eliminate 6% Commission Standards and Pay $418 Million in Damages After Settling Lawsuit Is It the End of the Realtor? Inside the NAR Crisis New Agent Lawsuits Could Have Profound Effects for Buying and Selling Homes Check out more resources from this show on BiggerPockets.com : https://www.biggerpockets.com/blog/on-the-market-201 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 21, 2024

James Dainard , a house flipper in Seattle, Washington, has been on a flipping spree for the past two decades. He’s flipped more homes than you can count , made tens of millions in the process, and has built multiple massive businesses to support his flipping fixation. In the shadows, his young(er) protégé, Henry Washington , has been learning his every move and trick of the trade. To beat the top flipper, he must…become him. Now, these once brothers-in-flipping will face each other head-to-head in the money-making competition no one asked for but we wanted to make. This is FLIP/OFF . Welcome to the 200th episode of On the Market ! *confetti pops, fireworks go off* This time, we’re doing something special. This show will be a battle of the house flippers , as Henry and James detail two recent flips they’re working on and battle against each other to see who can score the highest return . Both of these deals are almost unbelievable in how high their cash-on-cash returns are, so if you want to know how REAL money is made in real estate , this is the show to catch! Stick around because we’ll get into every detail and number behind these deals . Plus, we’ll be giving you deal updates soon, showcasing each flip and the progress our panel is making. Vote for your favorite flip on the BiggerPockets Instagram or the On the Market YouTube channel ! In This Episode We Cover: A house flipping competition like never before (and the punishment at stake/steak for the loser) James’ quick flip that could turn into a HUGE return in just a matter of months House flipping risks and how longer timelines and delayed permits can destroy your profits Henry’s home-run house flip that could make even MORE money than James’ much more expensive home Burst pipes, flooding, mold, mildew , and even more fun surprises from one of these flips Our favorite On the Market episodes of all time! And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram Kathy's BiggerPockets Profile Kathy's Instagram BiggerPockets' Instagram Get All the Numbers from Henry’s and James’ House Flips Our Favorite Episodes: Homebuyers Are Getting Crushed: Are Landlords the Cause Why NFL Players Are Buying Real Estate During the Recession Listener Deals: https://www.biggerpockets.com/blog/on-the-market-92?utm_source=youtube&utm_medium=description&utm_campaign=none https://www.biggerpockets.com/blog/on-the-market-94?utm_source=youtube&utm_medium=description&utm_campaign=none Check out more resources from this show on BiggerPockets.com : https://www.biggerpockets.com/blog/on-the-market-200 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 18, 2024

The Fed isn’t happy , but what’s new? After inflation numbers were released last week, showing higher-than-expected consumer price growth , our rate cut dreams could be slowly dwindling. Are we still on a timeline to see lower mortgage rates by summer, or is the US economy just too strong to prompt any help for prospective homebuyers? This story, and plenty more, are coming up in this week’s headlines show. Ever get that feeling that someone is watching you? Airbnb recently announced a new policy that banned indoor surveillance cameras in hosts’ properties. This is a shock for almost every Airbnb guest and most hosts, too, as it seems we all incorrectly assumed that security cameras were only allowed on the OUTSIDE of a property. But this episode isn’t just about short-term rentals. We have some good news for housing inventory , as new listings finally saw a bump, helping add some homes to the already supply-strained market we’re facing. We’ll also talk about new unemployment numbers that are trending in a direction the Fed wants to see but may not be enough to convince them of a rate cut. All that, and more, in this episode. In This Episode We Cover: A housing supply update and the “surge” of new listings that hit the market New jobs numbers and whether rising unemployment is something we should worry about Why the Fed may become even more hesitant to cut rates in 2024 New inflation and CPI (Consumer Price Index) numbers (and what they mean) Airbnb’s newest “no indoor camera” policy and what this means for anyone hosting a short-term rental The naked man in James’ newest investment property (will he EVER get out?) And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram Kathy's BiggerPockets Profile Kathy's Instagram BiggerPockets' Instagram Headlines from Today’s Episode: New Listings Job Growth and Unemployment CPI and Inflation Airbnb Cameras BiggerNews: Why Mortgage Rates AREN’T Falling Check out more resources from this show on https://www.biggerpockets.com/blog/on-the-market-199 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 14, 2024

Welcome to the “redemption year” for real estate investing . We talk a lot on this show about the real estate deals being done all across the country. From interviewing flippers to developers to agents and investors, it always seems like there’s still money to be made, no matter the market. But is that really true? Or is it a bunch of pro-property investing propaganda that “big real estate” is pushing? To prove that there are indeed real deals to be done in 2024 , we’re bringing on some of OUR latest investments and walking through the ACTUAL numbers on this show! Each of our expert hosts (including Dave!) has a real estate deal to review on today’s episode. First, we’ll touch on James’ new joint venture partnership that’s making him a hefty six-figure profit that could almost be considered passive income. This deal alone could make James over $300,000—a sum that could change anyone’s life! Then, Dave jumps back into the market as he makes his first active real estate investment in YEARS . This home has a lot of potential, so what should he do with the property? Next, the “Kat(hy)-Signal” goes up as a growing city in Oregon pleads our own Kathy Fettke to start developing homes so local workers have a place to live. Thankfully, she picks up an astounding deal from a local farmer who doesn’t know much about developing. Finally, we’re back to good ol’ Arkansas as Henry walks through the numbers of a quick house flip that could profit him $80K . But that’s not the only sweet part of this deal. Another big benefit comes from the lot right next door. What will Henry do with it? Stick around to find out! In This Episode We Cover: Why NOW is the time to buy as competition is low and “walk-in equity” is high James’ almost passive real estate investment that could make him $300K Develop, add an ADU , or do nothing—what’s the best move for Dave’s new property? How Kathy is turning farmland into single-family houses for a small Oregon city Henry’s quick house flip that is turning a stellar profit and what he plans to do on the extra lot that came with the deal And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram Kathy's BiggerPockets Profile Kathy's Instagram BiggerPockets' Instagram Simple Deals We’re Doing That Are Making MASSIVE Profits Books Mentioned in the Show Start with Strategy by Dave Meyer Check out more resources from this show on https://www.biggerpockets.com/blog/on-the-market-198 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 11, 2024

Disclaimer: Opinions expressed in this episode and written below are solely opinions of the hosts, guests, and writers and do not reflect the views of BiggerPockets. The recent NAR lawsuits are paving a new path for real estate agents —one that could change how we buy and sell real estate forever. For the past century, the NAR (National Association of Realtors ) has been the controlling association for the American housing market. With most real estate agents in the country being members, the NAR has gone without an alternative for almost the entirety of its existence —but that’s about to change. Jason Haber and Mauricio Umansky , founders of the new “ American Real Estate Association ,” have come to give agents something different. To combat outdated fee structures, sexual harassment scandals, and a large bureaucracy, Jason and Mauricio wish to create an association that thrives on collaboration, innovation, and excellence for the best real estate agents so the industry can improve. But what type of changes are they thinking of? Say goodbye to the “basic brokers,” as Jason and Mauricio lay plans to strengthen the skills of serious real estate agents, create more investor-friendly education opportunities, bolster the ethics of those buying and selling real estate , and bring more diversity and inclusion to the decision-making that often happens behind closed doors. This could be a new era for real estate agents —one where their destiny is in their own hands. In This Episode We Cover: Recent NAR lawsuits that could put the trade association in jeopardy Breaking up the broker “monopoly” by finally giving real estate agents a choice Agent innovation and why we DON’T need more agents …we need BETTER agents Agent commissions , costs, and fees that could be changed with the American Real Estate Association Why women MUST play a more prominent role in the future of the real estate industry And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram Jason's Instagram Jason's LinkedIn Jason's X/Twitter Mauricio's Instagram Mauricio's LinkedIn Mauricio's X/Twitter BiggerPockets' Instagram Hear Our Past Episodes on The NAR Lawsuits: Lawsuit Explained Verdict Settlement American Real Estate Association Check out more resources from this show on https://www.biggerpockets.com/blog/on-the-market-197 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 7, 2024

China’s economy is on its last legs. Thanks to massive overspending and high unemployment , the Chinese economy is beginning to break down , with real estate prices crashing at a scale similar to 2008 in the US. This is bad news for not only Chinese investors but also global investors with money in China. But could these tumultuous conditions spill over into the global economy ? We’ve got arguably the world’s best economic forecaster , Joe Brusuelas , back on the show to get his take on the global economy and what could be next for the US. Joe has studied the Chinese economy in-depth and sees a “ debt and deleveraging period ” forming. This is bad for Chinese investors, but will it affect the US housing market? Next, Joe speaks on the other global crises, from Israel to Ukraine to Iran and beyond. With our global reliance on importing commodities like wheat and oil, how risky are we getting with the massive Middle East and Eastern European conflicts? Finally, Joe touches on domestic trends, including one substantial economic insight that could point to a new era of economic productivity in the US . This could be game-changing for you if you own stocks, bonds , real estate, or any other US-based investments. What trend are we talking about? Stick around; we’re getting into it all in this episode! In This Episode We Cover: China’s “debt trap” and how they massively slowed down economic growth The “bad bank” solution that China could (but probably won’t) use to solve their housing crisis How the US and India could become the primary economic forces in the global economy The “risk matrix” and what could cause an oil crisis due to the Middle East conflict How the US may use Russia’s assets against them in the Russian-Ukrainian conflict A huge economic indicator pointing to a new era of productivity for the US economy And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Joe's Articles Joe's LinkedIn Joe's X/Twitter BiggerPockets' Instagram Hear Our Last Interview with Joe On The “New Era” Of Higher Prices, Interest Rates, and Employment Is the Global Economy About to Collapse? Inside China’s Real Estate Crisis Check out more resources from this show on https://www.biggerpockets.com/blog/on-the-market-196 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 4, 2024

Rent prices peaked in 2022 after a double-digit percentage run-up. Due to more household formation, disposable income, and remote work availability, Americans were doing whatever they could to upgrade their housing to bigger, better, and often more expensive options. But, after interest rates shot up , the economy began to cool , and work-from-home became a not-so-sure thing, Americans became more budget-conscious . As a result, vacancies rose, and rent prices began to fall. So, how close are we to seeing rent growth return? Apartment List’s senior housing economist, Chris Salviati , joins us to share what his team has seen in the nationwide rent data. Chris looks mostly at large apartment data—the sector that’s been hit the hardest in recent years. With multifamily properties struggling to find renters and lowering their asking prices to prompt demand, you’d think the market had found a bottom—but this isn’t the case. A tidal wave of multifamily inventory is about to come online , and when it does, multifamily investors will be forced to compete with the newest and most luxurious options on the market. Will this oversupply trickle down to single-family rentals , or will renters turn away from the A-class buildings in search of more affordable options? Chris gives us his thoughts, plus future rent growth predictions , in this episode! In This Episode We Cover: What happens to rent prices when 1,000,000 more multifamily units come online Markets that have the most oversupply and could see significant rent cuts The massive concessions multifamily apartments are giving new renters When real estate investors can expect rent growth to pick back up 2024 rent price predictions and whether demand could come back How single-family rental prices will be affected by multifamily’s huge oversupply And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram James' BiggerPockets Profile James' Instagram Chris' Articles and Reports Chris' LinkedIn Chris' X/Twitter BiggerPockets' Instagram Rents Show Biggest Decline in 3 Years—Should Landlords Panic? Multifamily Is at High Risk of Continuing Its Historic Crash in 2024—Here’s Why 2024 Rental Market Outlook: Is a Shift Coming? Check out more resources from this show on https://www.biggerpockets.com/blog/on-the-market-195 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Feb 29, 2024

Most real estate markets in America saw huge home price growth over the past five years. Ever since the pandemic, equity and appreciation have been slingshotted to new heights , with some housing markets having over FIFTY PERCENT home price appreciation in just a few years. Today, we’re touching on the four top appreciation markets in America , all of which saw massive price jumps over the past five years, and some are even still affordable ! But, if you’re like most real estate investors, you’re screaming at your screen, “ What about the cash flow ? You can’t bet on appreciation!” Well, we’ve already read your mind as we get into a debate over whether or not appreciation SHOULD be accounted for before buying a property and whether or not it’s better than cash flow. Surprisingly, some of our appreciation-rich experts prefer cash flow, while our cash flow market investors prefer appreciation. Stick around as we dive into the top appreciation markets in America , which ones we’d invest in, which ones may be on a downward trend , and why many Americans love the mountains so much they secretly want to be ranchers instead of nine-to-five workers. In This Episode We Cover The top four appreciation and equity growth housing markets in America How work-from-home changed the housing landscape forever Whether or not to underwrite for appreciation when analyzing your real estate deals The signs that your real estate market is about to experience explosive appreciation A cash flow vs. appreciation debate and the surprising choice most investors would make What you MUST do before you make an appreciation bet on a rental property or housing market And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram Kathy's BiggerPockets Profile Kathy's Instagram James' BiggerPockets Profile James' Instagram BiggerPockets' Instagram Cash Flow Isn’t Dead: 4 Markets With The Highest Rent-to-Price Around Cash Flow vs. Appreciation: What Experienced Investors Know About the Debate That You Don’t Books Mentioned in the Show Real Estate by the Numbers by Dave Meyer and J Scott Retire Rich with Rentals by Kathy Fettke Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-194 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Feb 26, 2024

Which investing trends could make you wealthy in 2024? First, we had long-term rentals, then the BRRRR strategy , short-term rentals, medium-term rentals, syndications…the list goes on and on. And while trends come and go, acting on them at the right time could be your ticket to financial freedom . So, which trends are worth investing in this year, and which are dying out and should be avoided? We’re giving our takes on this episode. Some of the trends in this episode are brand new—only with advanced technology have these investments even been made possible, but some are trends you may already be part of. From room rentals to very flexible commercial investments , Elon Musk’s new affordable housing , and a way to “build” your own one percent rule properties, these trends have gone mostly unnoticed but are sure to catch fire in the coming years. But, some trends that exploded over the pandemic should be put to rest . These once cash-flowing investments reached their heyday in 2022 and 2023 and are slowly becoming lackluster (and often dangerous) investments for new investors. Which tactics are we talking about? Stick around to find out! In This Episode We Cover: Future real estate investing trends that could offer BIG cash flow in 2024 and 2025 The flexible commercial real estate investment that online businesses rely on to survive Kathy’s billion-dollar idea for a match-making app using this specific strategy How to maximize your dollar per square foot by renting out PARTS of your property The new smart homes that could finally solve the affordable housing problem How to create the one percent rule (EVEN in 2024) by building your own rentals Dying trends that are seeing low cash flow, high vacancies, and tough turnover And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram Kathy's BiggerPockets Profile Kathy's Instagram BiggerPockets' Instagram Top 10 Real Estate Markets for Cash Flow in 2024 Cash Flow For Rental Properties: What is Average or Good? Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-193 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Feb 22, 2024

Cash flow real estate is hard to find . In almost any big city, making financial freedom-producing cash flow is becoming a pipe dream. But that doesn’t mean there still aren’t pockets of cash flow throughout the United States ; you just need to know where to find them. Thankfully, we’ve done the work for you, putting together a short list of cash-flowing real estate markets with the highest rents and lowest home prices . In this episode, we’re talking about cold, hard cash flow. More interested in building equity but still want some passive income on the side? We share four different strategies ANY investor can use to find cash-flowing rental properties in ANY market. Looking for a new market? You're in luck; we’ve got a list of four top cash-flowing real estate markets —but the real question is, would WE invest in them? Finally, we’ll share our takes on whether or not cash flow is crucial , especially as it becomes harder to find. You’ll see why Kathy and Henry have stopped caring so much about mailbox money and are focusing on something much more important when building wealth . In This Episode We Cover: The four ways to find real estate cash flow EVEN in an appreciation market The cash flow “situations” to look for whenever buying a new property The argument FOR using less debt, but the big downside to consider Four cash-flowing real estate markets with high rents and low home prices Whether or not WE think cash flow is crucial for investors in 2024 The one thing that made Kathy very wealthy and why she stopped searching so hard for cash flow And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram Kathy's BiggerPockets Profile Kathy's Instagram BiggerPockets' Instagram Top 10 Real Estate Markets for Cash Flow in 2024 Cash Flow For Rental Properties: What is Average or Good? Books Mentioned in the Show Short-Term Rental, Long-Term Wealth by Avery Carl 30-Day Stay by Zeona McIntyre and Sarah Weaver Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-192 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Feb 19, 2024

Is college worth it? Many Americans are beginning to boldly state, “Nope!” But does the growing anti-higher education sentiment point to facts or fiction around the cost of college ? We invited Dr. Anthony P. Carnevale , research professor and director of the Georgetown University Center on Education and the Workforce, to the show to give us up-to-date data on the true ROI of a college degree . With America’s shockingly low college graduation rate and student loans being one of the biggest limiting factors of financial freedom for many Americans, it’s understandable why so many people are skipping college to go straight into the workforce . But the data paints an entirely different picture. Those who opt out of the traditional four-year degree system could be making a massive mistake , one that could cost them seven figures in the long run . A sum that size could be the game changer for finding financial independence . In this show, we ask Dr. Carnevale about why college has gotten so expensive , the problem with freezing tuition, which majors make the most (and the least), and whether where you go to college even matters. Plus, he shares some shocking statistics about how much a degree is worth and why one group of Americans is ditching degrees in today’s strong economy. In This Episode We Cover: Keller Williams' settlement of $70M in the NAR agent commission lawsuit and what this means for the future of agent commissions The rise of “niche” brokers and agents and why they may THRIVE in the coming years Our crucial advice for first-time homebuyers that you CANNOT miss Commercial real estate losses and how hard IS it to get an investor loan today? (this will surprise you) New jobs report numbers that took many economists by surprise and what effect it could have on future mortgage rates And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram Kathy's BiggerPockets Profile Kathy's Instagram BiggerPockets' Instagram Hear Dave on The “BiggerPockets Money” Episodes About College Degree ROI: Is College Worth the Cost? This 30,000 Variable Study Says “Sometimes…” Why 40% of Master’s Degrees Aren’t Worth It Federal Student Loan Forgiveness Update: What Happens Now? Connect with Dr. Carnevale: Dr. Carnevale's LinkedIn The Chronicle of Higher Education Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-191 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Feb 15, 2024

Just when you thought the NAR lawsuit coverage was over, Keller Williams agrees to settle for $70M , bringing a big blow to real estate agent commissions. How will this impact buyers and sellers, and are we entering a new age of home buying where only a fraction of the real estate agents exist? We’re getting into this headline and others affecting the housing market in BIG ways in this episode of On the Market . Some agents will thrive while others barely survive in a post-NAR lawsuit world as real estate agent commissions are threatened once again . But it isn’t only agents getting hit hard this week. Banks have been “rocked” by real estate losses , primarily commercial real estate, as loans come due, but investors aren’t able to pay. One bank saw its share price slide by more than fifty percent this month as earnings reports showed a major loss from lending this quarter. Finally, it wouldn’t be a headlines show if we didn’t touch on the jobs report . This month, we’re getting a mixed bag of good for the economy but bad for rates type of numbers. Jobs are growing, and the economy is still chugging along, but will this push rate cuts back as the Fed fails to find weakness in our economy? We’re giving you our thoughts on this episode! In This Episode We Cover: Keller Williams' settlement of $70M in the NAR agent commission lawsuit and what this means for the future of agent commissions The rise of “niche” brokers and agents and why they may THRIVE in the coming years Our crucial advice for first-time homebuyers that you CANNOT miss Commercial real estate losses and how hard IS it to get an investor loan today? (this will surprise you) New jobs report numbers that took many economists by surprise and what effect it could have on future mortgage rates And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram Kathy's BiggerPockets Profile Kathy's Instagram BiggerPockets' Instagram NAR Slapped with $1.8B Lawsuit Payout, Ripple Effects Could Be “Enormous” Articles from Today’s Show: Keller Williams Settlement Bank Losses January Jobs Report Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-190 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Feb 12, 2024

The Fed is putting us all in danger. With high rates , low inflation, a strong job market , and millions of Americans wishing they could buy a home (but can't), we're in a strange position. Buying a home is still unaffordable even with rising wages, but the Fed won't drop rates BECAUSE of rising wages and such strong job numbers. We're in a housing market stalemate , and all of this could have been avoided if the Fed stopped counting on old data to save them. You might think that these are wild claims, but thankfully, we've got the housing market expert of housing market experts on the show, Logan Mohtashami , to make his case. Logan's team at HousingWire tracks housing market data like no one else can. They have the most up-to-date metrics and the best forecasts in the industry and were right about this housing market, and the last one, the one before that, and…you get the point. It goes without saying Logan is the singular voice to trust when it comes to housing and the economy. Logan says the Fed is "playing with fire" by keeping mortgage rates as high as they are. They want to break the labor market , but with every number pointing to a return to normal, why should they? Logan gives his thoughts on why the Fed isn't dropping rates , the huge housing market mistake they're making, the metrics that could point to a disastrous labor market, and the harsh reality for first-time homebuyers . In This Episode We Cover: A normalizing job market and what could cause it to finally break The Fed's massive mistake that is putting the housing market in danger Why the Fed won't lower mortgage rates yet and what they're waiting for The devastating state of housing demand and why it shouldn't be like this in 2024 How lower-income households are getting hit the hardest , EVEN in an expanding economy Bond market effects and why yields are staying so high And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram Kathy's BiggerPockets Profile Kathy's Instagram BiggerPockets' Instagram The Crash Predictors Are Wrong, Here’s Why Here’s What Will Cause Mortgage Rates to Finally Fall Is The Fed Moving Fast Enough to Save Us From a Recession? The “HousingWire” Housing Market Tracker Connect with Logan HousingWire Logan's Instagram: @logan_mohtashami Logan's LinkedIn Logan's Website Logan's X/Twitter: @LoganMohtashami Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-189 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Feb 9, 2024

It’s February, and you know what that means…Groundhog Day! Just kidding, it’s almost Super Bowl Sunday , so we’re tackling some of the top Super Bowl housing markets to see which ones make for a touchdown investment market and which don’t make the team. If you’ve ever wanted to own a rental property within driving distance of the biggest football game of the year, now’s your chance as we review four Super Bowl host cities and give our takes on their investing fundamentals. Dave and the panel will look at Tampa , Florida ; Los Angeles , California; New Orleans , Louisiana; and Miami , Florida . One of these markets is an all-panel hit , while others boast distributing metrics that any investment property owner should look out for. We’ll review each market, sharing their metrics, best strategies, and whether our expert panel would invest in them. Plus, if you want to hear who WE’RE rooting for in Super Bowl LVIII , stick around, but please DON’T bet on it…we’re investing experts, NOT football experts. In This Episode We Cover: Which Super Bowl real estate markets we’d invest in Kathy’s pick for a southern market with solid fundamentals and a rising population The pricey coastal market that might only be good for a quick flip but NOT long-term rentals Dave’s favorite sandwich city that has high cash flow but RISKY long-term potential Rising insurance premiums turning this popular tourist destination into a dicey area to invest in A very one-sided prediction on who will win Super Bowl LVIII And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram Kathy's BiggerPockets Profile Kathy's Instagram BiggerPockets' Instagram Meet Dave and The Other Hosts In Denver Hear Our Interview with Former NFL Player Devon Kennard Do College Football Towns Make the BEST Real Estate Investing Markets? Try Dave’s Favorite Sandwich in NOLA Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-188 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Feb 8, 2024

The biggest real estate tax deduction is coming back . That’s right— 100% bonus depreciation is almost cleared for a triumphant return as the House pushed a new tax bill to the Senate, one that includes some massive tax deduction potential for real estate investors and everyday Americans alike. So, why is this SUCH a big deal? We’ve got Brandon Hall , CPA, on to break down why bonus depreciation could save you tens, if not hundreds, of thousands of dollars. Everyone knows that real estate boasts some of the best tax benefits of any investment in the nation. But, the one tax benefit to rule them all is almost always depreciation. This tax write-off lets you expense a portion of your property every year and can turn your real-life gain into a paper loss , so you keep your cash flow while avoiding taxes . But bonus depreciation is like regular depreciation on steroids. And the tax benefits can be massive. So, how do you take advantage of this huge tax write-off ? What do you need to know BEFORE you take it? And should you hold off on filing before this new bill passes? We’ve got answers to all that and much more in this episode, so stick around! In This Episode We Cover: Four of the hottest housing markets in 2024 that we’d flip houses or long-term invest in The high-priced coastal market that we love…but wouldn’t buy rentals in A snowy northeast market that has low prices and big rent-by-the-room potential A sleeper city with a big price tag but solid investing benefits The not-so-sexy market that made the number-one spot and surprised us all Unemployment rates , home prices, average rents, and top metrics you MUST check before investing And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram Kathy's BiggerPockets Profile Kathy's Instagram BiggerPockets' Instagram What Is Bonus Depreciation And How Does It Work? What is Rental Property Depreciation & How to Calculate It The Biggest Real Estate Tax Loophole You’ve (Probably) Never Heard Of w/Brandon Hall Connect with Brandon: Brandon's BiggerPockets Profile Brandon's LinkedIn Brandon's Website Brandon's X/Twitter Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-187 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Feb 5, 2024

These hot housing markets could make any investor start to sweat. You’ve been longing for some cash flow connection, but your prayers have gone unanswered. You don’t know what you’re in the mood for—a quick flip or maybe something a bit more long-term . You’re hesitant to settle down with so many options around, but waiting won’t get you what you want. Worry not; we’ve brought the hottest housing markets to you this Valentine’s Day. Enough with the promiscuous property puns. We’re breaking down Yahoo Finance ’s list of the hottest housing markets for 2024 , going over their top picks and telling you where we’d swipe right or left. If you’ve never had the chance to online date, now is your time to feel the digital thrill as James, Kathy, and senior producer Kailyn Bennett become your investing BFFs for the next half hour, showing you which property market has potential and which deserves nothing more than a quick flip. Some of these markets may surprise you (they surprised us!) due to their underrated potential, but just because a housing market makes the top lists DOESN’T mean it’s the right market for you. So, which areas would we love to settle down with? Stick around; you’re about to find love, listings, and leases in these markets! In This Episode We Cover: Four of the hottest housing markets in 2024 that we’d flip houses or long-term invest in The high-priced coastal market that we love…but wouldn’t buy rentals in A snowy northeast market that has low prices and big rent-by-the-room potential A sleeper city with a big price tag but solid investing benefits The not-so-sexy market that made the number-one spot and surprised us all Unemployment rates , home prices, average rents, and top metrics you MUST check before investing And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel James' BiggerPockets Profile James' Instagram Kathy's BiggerPockets Profile Kathy's Instagram Yahoo Finance’s Top Housing Markets for 2024 Top 10 Real Estate Markets for Cash Flow in 2024 Master plan calls for more growth in downtown Toledo Connect with Kailyn: Kailyn's BiggerPockets Profile Kailyn's Instagram Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-186 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Feb 1, 2024

We know mortgage rates will fall this year, but how long will we have to wait? Will they get down to the fives or stay in the six-percent range? And even if the Fed lowers the federal funds rate, will this significantly impact mortgage rates? We brought on three elite lenders to get their takes on when rates will drop , how low they could go, and why waiting for lower rates is a riskier decision than you think. Caeli Ridge joins us again as our go-to investor-lender combo, and Krystle and Kenny Simpson , San Diego-based lenders, are on the show to give their viewpoints from the small investor and large commercial lens. Plus, these lenders are about to share the info on some investor loans that you may have NEVER known about —loans that other investors are taking advantage of TODAY to get deals done, even with high interest rates . Speaking of high interest rates, our lenders show mathematical proof that rates are NOT the defining factor of your real estate deal and how waiting for a half-percentage drop could cost you more than you think. Plus, the commercial real estate “bloodbath” coming for one certain sector unless local governments step in. In This Episode We Cover: The investor loans that you’ve NEVER heard of that are being used TODAY to get deals done Mortgage rate predictions and how low rates could go by the end of 2024 The commercial real estate drop-off and why buying/selling has come to a halt High-rate investor HELOCs you can get today that’ll cost you LESS than a thirty-year mortgage Huge opportunity in commercial real estate as one sector becomes a “bloodbath” DSCR , non-QM, and other investor-only loans you can take advantage of NOW And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Hear Our Last Interview with Caeli Fannie Mae’s Mortgage Rate “Range” to Expect in 2024 and 2025 Connect with Caeli: Caeli's BiggerPockets Profile Caeli's Instagram Caeli's LinkedIn Caeli's Website Connect with Krystle and Kenny: Kenny BiggerPockets Profile Krystle's Instagram Kenny's Instagram Krystle's LinkedIn Kenny's LinkedIn Kenny's Twitter Website Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-185 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jan 29, 2024

Home prices will rise , home sales will jump , and mortgage rates will fall to a familiar range, according to Fannie Mae’s Doug Duncan . In their newest consumer sentiment survey , Fannie Mae points to a “tale of two housing markets” where both buyers and sellers are stuck . Rates aren’t low enough to get back into the housing market, and with prices set to rise, why should homeowners sell? Doug provides some incredible insight on today’s episode, explaining why housing market sentiment is still so low, what could boost homebuying demand, and where Fannie Mae expects mortgage rates to be in 2024 and 2025 . If you’re praying for rates to hit the rock-bottom levels of 2020 and 2021, Doug has some news you NEED to hear. But rates and prices aren’t the only factors impacting buying/selling. Our huge undersupply of housing is making the market even more competitive as builders remain stuck, forced to pay high interest rates and high labor costs, all during a time when most of America doesn’t want to purchase. How do we get out of this housing market stalemate? Stick around as one of the top minds in housing gives us his answers. In This Episode We Cover: Fannie Mae’s newest housing market sentiment numbers and what they mean for buying/selling 2024 vs. 2008 and the factors causing so much property purchasing pessimism The mortgage rate “range” we can expect in 2024 and 2025 The three factors that MUST change if we’re to see a return back to a normal housing market Recession indicators that are going off , EVEN with today’s solid economic growth The massive construction constraint that’s stopping more inventory from coming on the market And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Where America’s Most Accurate Forecaster Sees Home Prices in 2024 w/Doug Duncan With Mortgage Rates Set To Drop, Will This Be the Year Sellers Come Back? HousingWire CEO: This Inventory Shortage Could Last Decades Fannie Mae’s Latest National Housing Survey Connect with Doug: Fannie Mae Doug’s LinkedIn Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-184 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jan 25, 2024

The “frozen” housing market is about to get blowtorched as competition is set to heat up in 2024. With lower mortgage rates , bigger investor tax benefits , positive economic sentiment, and tight inventory , homebuyers will need to act fast unless they want to make the same mistakes of 2021 and 2022. Are the bidding wars and price hikes coming back ? Will we look back at 2023 as an “affordable” time to buy a house? Welcome to the first On the Market Headlines Rumble Show! We’re putting Dave, Henry, James, and Kathy in a metaphorical cage match as they each bring hard-hitting headlines to knock each other out with bigger and better news. No physical punches will be thrown, but psychological piledrivers will be aplenty in today’s show. We’ll talk about the “frozen” housing market reigniting in 2024 due to stiff competition, low inventory, and falling mortgage rates. Next, why Americans are giving up on college degrees and going straight into employment. A MASSIVE investor tax write-off could make a comeback as bonus depreciation goes BACK on the legislative table. Plus, why Blackstone , everyone’s favorite hedge fund, is buying BILLIONS of dollars in housing in the US and Canada. In This Episode We Cover: Housing market competition and what could cause higher prices, bidding wars , and more seller power A 100% bonus depreciation comeback and whether investors should bet on bigger write-offs Sinking college confidence and the surprising statistics showing Americans’ lost faith in higher education New housing starts numbers that could signal even MORE competition to come Blackstone’s $3.5 BILLION bet on the American (and Canadian) housing market Newest consumer sentiment survey results showing a surprising change of tune for Americans And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram James' BiggerPockets Profile James' Instagram Henry's BiggerPockets Profile Henry's Instagram Kathy's BiggerPockets Profile Kathy's Instagram Frozen Housing Market Invitation Homes Rent-Gouging Mortgage Applications Soar College Degrees Tax Breaks and Depreciation Single-Family Construction Starts Blackstone Consumer Sentiment Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-183 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jan 24, 2024

The “silent depression” is here. Just like in 1929, the American economy is ravaged by a declining GDP, plummeting asset prices, widespread unemployment , and a completely fractured banking system. Wait…are any of those things happening today? Not quite. But, according to social media, a “silent depression” is widespread across the American economy, with high inflation , limited wage growth, and low homeownership for millennials and Gen Z. To explain the “silent depression” trend , CNBC’s Jessica Dickler is on the show, giving her take on this trend and other popular economic trends across social media . We’ll get into why younger generations feel so bad about the economy, EVEN with strong financial fundamentals, the rising cost of living across the country, and whether or not economists agree with the “silent depression” theory. And if you want to see Dave get really fired up, prepare to hear his best “you darn kids!” impression as he explains why so many young Americans are tired of older generations holding so much of the wealth. In This Episode We Cover The “silent depression” explained and why so many Americans are financially fearful How BAD is the American economy in 2024? (is it even bad at all?) Economic depressions vs. inflation and why the rising cost of living hits so hard Explaining other popular TikTok trends like “loud budgeting” and “girl math” Social media vs. reality and why you can’t (always) trust the internet Dave aging instantly by thirty years during an on-air rant And So Much More! Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-182 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jan 22, 2024

Multifamily real estate has crashed, but we’re not at the bottom yet. With more debt coming due, expenses rising, incomes falling, and owners feeling desperate , there’s only so much longer that these high multifamily prices can last. Over the past year, expert multifamily investors like Brian Burke and Matt Faircloth have been sitting and waiting for a worthwhile deal to pop up, but after analyzing hundreds of properties, NOTHING would work. How bad IS the multifamily market right now? Brian and Matt are back on the podcast to give their take on the multifamily real estate market. Brian sees a “day of reckoning” coming for multifamily owners as low-interest debt comes due, banks get desperate to be paid, and investors run out of patience. On the other hand, Matt is a bit more optimistic but still thinks price cuts are coming as inexperienced and overconfident investors get pushed out of the market. So, how does this information help you build wealth ? In this episode, Brian and Matt share the state of the 2024 multifamily market , explain exactly what they’ve been doing to find deals, and give their strategy for THIS year that you can copy to scoop up real estate deals at a steep discount . Wealth is built in the bad markets, so don’t skip out on this one! In This Episode We Cover: The state of multifamily real estate in 2024 and how low prices could go A “day of reckoning” coming for inexperienced/overleveraged multifamily owners Whether or not we’ve reached the bottom for multifamily price drops What rookie real estate investors should do NOW to take advantage of this down market Rising mortgage rates and how increased costs have KILLED many multifamily deals Exactly what Brian and Matt are investing in during 2024 to make money no matter how the market moves And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area Expand Your Investing Knowledge With the BiggerPockets Books Be a Guest on the BiggerPockets Podcast Dave's BiggerPockets Profile Dave's Instagram Join the BiggerPockets Virtual Summit Check Out Dave On the “On the Market” Podcast Top Multifamily Investors’ Advice for Buyers in 2023? DON’T Do It Books Mentioned in the Show Raising Private Capital by Matt Faircloth The Hands-Off Investor by Brian Burke Connect with Matt: Matt's BiggerPockets Profile Matt's Website Matt's Instagram Connect with Brian: Brian's BiggerPockets Profile Brian's Website Brian's Instagram Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-181 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jan 18, 2024

The tide may have finally turned for real estate investing and the housing market. After carefully tracking sentiment among small investors, Rick Sharga ’s team at CJ Patrick Company has seen a BIG boost in optimism over the last quarter. It seems that betting on the housing market is back as improving investor sentiment and confidence pushes more and more people to go after rental property investing and house flipping. But which strategies will have the most explosive growth? We sat down to break the story with Rick on the newest Investor Sentiment Survey , what investors are feeling the most bullish about in the 2024 housing market , and the biggest concern investors have on their minds . And the data Rick shares isn’t just shown in the survey—it’s mirroring today’s market conditions. In James’ market alone, investor demand has quadrupled recently, showing a STRONG resurgence in a specific type of real estate investing. We’ll walk through the new investor sentiment numbers , why house flipping activity could explode over the next year, one big risk hurting rental property investors , and where investing activity is pooling across the nation. In This Episode We Cover: Latest investor sentiment numbers and the one strategy that is about to have a BIG comeback The HUGE opportunity for rental property investing that most investors will miss How James made MORE money doing HALF as many flips in 2023 Low mortgage rate predictions and why investors need to get in BEFORE rates drop One serious hurdle that’s hurting rental property investors in 2024 And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram James' BiggerPockets Profile James' Instagram Hear Our Last Interview with Rick on BiggerNews Home Prices May Have Bottomed Says New “Investor Sentiment Survey” w/Rick Sharga ATTOM’s Home Flipping Report Book Mentioned in the Show Start with Strategy with Dave Meyer Connect with Rick: Rick's LinkedIn Rick's X/Twitter Rick's Website Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-180 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jan 15, 2024

Right now, many multifamily operators are scared . They’ve got debt due , higher vacancy rates than ever, and banks that could be coming for them at any second . And although a “soft landing” in the economy could help keep most multifamily operators from being foreclosed on—not everyone is safe. If you’re looking to invest in multifamily this year , there could be some big buying opportunities . To walk us through the state of the multifamily and commercial real estate market is CBRE’s Richard Barkham . Richard leads a team of six hundred research experts, all digging into the most up-to-date real estate data around. Today, Richard touches on the commercial real estate space, why prices AREN’T crashing , the sectors that will continue to struggle in 2024 , and why the industry as a whole has remained so resilient, especially when no one expected it to be. We’ll also get into cap rate forecasts and how high they could get so prices finally come back down to earth. But that’s not all; Richard gives a rare take on why so many struggling multifamily investments DIDN’T get foreclosed on , whether or not the oversupply of multifamily could make trouble for residential buyers, and what will happen when the “wave” of multifamily construction hits. In This Episode We Cover: A 2024 commercial real estate update and whether or not a price crash is still on the table Rising vacancy rates and the commercial sectors that could get hit the hardest Cap rate expansion and whether or not we’ll see price cuts this year Why Richard sees 2024 as a “year of opportunity” for multifamily investors States with the most multifamily construction that could see price cuts spill over into residential “Distressed” multifamily investors and why we WON’T see a wave of foreclosures And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Join the BiggerPockets Virtual Summit The “Doom Loop” That Could Crash Commercial Real Estate w/Richard Barkham Access CBRE’s Insights and Research Connect with Richard: Richard's CBRE's Profile Richard's LinkedIn Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-179 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jan 11, 2024

Americans are convinced that today’s economy is bad…really bad. In fact, many of them think that this is the worst economic period in US history . Are they right, or are they just historically challenged? In today’s show, we’re going to touch on the good and the bad happening in the economy , from new job numbers to negative economic sentiment, corporate landlords who want you to live at work, and whether or not buying a house in 2024 is a smart move to make. With so many economists only a few short months ago predicting a recession in 2024, a surprising new jobs report has been released showing something nobody would have expected. Is this good for employees, or does this bring more power to the employer? Speaking of employers, how would you like Elon Musk to be your landlord? Well, if you work for Tesla, SpaceX, or The Boring Company, this could be your reality. And, if you’ve been on the fence about buying a home , our investing experts go through the pros and cons of purchasing in 2024 . With less competition and rates forecasted to drop , now could be the final time to get a steal on your next real estate deal. But is locking in your price now your best bet? Stick around to find out! In This Episode We Cover: New jobs data and whether wages are growing, shrinking, or staying stagnant for Americans “Labor hoarding” and why top companies are paying to keep workers on call Why younger Americans believe now is the “worst economy in US history” The re-emergence of “company towns” and how Google , Meta , and Elon Musk could become your next landlord Why expert investors are buying now BEFORE mortgage rates go down And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram James' BiggerPockets Profile James' Instagram Kathy's BiggerPockets Profile Kathy's Instagram Henry's BiggerPockets Profile Henry's Instagram Here’s What the U.S. Consumer Tells Us About the State of the Economy Articles Mentioned in This Episode: Jobs Report Company Towns Buying in 2024 Home Prices Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-178 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jan 10, 2024

If you want to build a real estate portfolio or make more money off of your current portfolio , there are three steps you need to follow . Real estate investing experts who built massive passive income have used these three steps for decades without even knowing it. Now, Dave Meyer is sharing them with you so you can build wealth , find financial freedom , and live the life you love. In his newest book, Start with Strategy , Dave goes over three crucial steps that the most successful investors have taken either before or while building their real estate portfolios. Today, we’ll walk through all three steps , helping you design the life you want to live BEFORE you buy investment properties, pick out EXACTLY which properties will help you get there, and learn how to make the most money with the least properties possible. No matter what stage you’re at in your investing journey, these three steps can help you hit your goals MUCH faster . If you want to build wealth in 2024, pick up Start with Strategy and use code “START177” at checkout to get 10% off PLUS pre-order bonus content! In This Episode We Cover: Latest homeowner equity numbers that put owners and sellers in an even better position The most and least home-equity-rich housing markets in America Foreclosure risk and how “negative equity” completely flipped since the Great Recession The rise of “accidental investors” who are keeping more housing supply to themselves Molly’s strong mortgage rate prediction and where she thinks rates will be by the end of this year Whether or not equity could explode once again as buyers get back into the market And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Kathy's BiggerPockets Profile Kathy's Instagram Henry's BiggerPockets Profile Henry's Instagram Grab “Start with Strategy” and Use Code “START177” at checkout for 10% off! Every Strategy I Used To Build My Portfolio for Financial Independence Book Mentioned in the Show The Paradox of Choice by Barry Schwartz Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-177 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jan 8, 2024

Home equity just hit an all-time high for Americans. And while this is great for homeowners, what effects could this have on the housing market? Will house hoarding become a new trend as homeowners “lock in” with their rock-bottom mortgage rates ? Will those who are equity-rich take their profits and move to cheaper markets , causing prices to skyrocket as they bid higher than local buyers can? Molly Boesel , Principal Economist at CoreLogic, is on to answer these questions and more! CoreLogic’s latest Homeowner Equity Insights report has a clear takeaway: Americans are equity rich —really equity rich. On average, American homeowners have hundreds of thousands of dollars sitting in home equity , with some of the priciest housing markets having millions! This is causing a new type of investor, the “accidental investor,” that could keep housing supply locked up. Molly gives her take on why so many homeowners are refusing to sell , whether or not mortgage rates will fall substantially next year, when refinancing will finally start to rise again, and if foreclosure risk is even a relevant worry in today’s rock-solid economy. In This Episode We Cover: Latest homeowner equity numbers that put owners and sellers in an even better position The most and least home-equity-rich housing markets in America Foreclosure risk and how “negative equity” completely flipped since the Great Recession The rise of “accidental investors” who are keeping more housing supply to themselves Molly’s strong mortgage rate prediction and where she thinks rates will be by the end of this year Whether or not equity could explode once again as buyers get back into the market And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Kathy's BiggerPockets Profile Kathy's Instagram Home Equity: What It Is, How To Calculate, & How To Use It Nearly Half of U.S. Mortgaged Homes Are Considered ‘Equity-Rich’ According to Report CoreLogic’s Latest “Homeowner Equity Insights” Report Connect with Molly: Molly's LinkedIn CoreLogic Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-176 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jan 4, 2024

The housing market has two big problems : home prices and a lack of supply . With so few homes on the market, buyers have barely anything to choose from, and sellers remain in control. But how did we get to this point? Back in 2008, there were too many homes on the market, and we all know what happened to home prices. So how did we go from being oversupplied to undersupplied by MILLIONS of housing units so quickly? The answer is pretty simple. Mark Zandi , Chief Economist at Moody’s Analytics, joins us again to give his take on the 2024 economy , the housing market , home prices , and our massive underbuilding problem . The last time Mark was on the show , he explained the “ slowcession ” that could have taken place in 2023. Instead, a roaring economy took off with low unemployment, high consumer spending, and real wealth increases for many Americans. But, as we head into 2024, there are still a couple of BIG problems : little-to-no housing supply and a polarizing presidential election of epic proportions . Both of these will have big impacts on the economy, and if you want to know what could be coming next, don’t miss this episode! In This Episode We Cover: The “rip-roaring” labor market and why unemployment has stayed so low Why middle and high-income households are thriving while low-income households are struggling even more The Fed’s recent rate pause and whether it was the right move for them to make The 2024 election and the huge effects it could have on the economy Our lopsided housing supply and why we’ve been building the wrong real estate for too long Marks’ 2024 home price predictions and why weak/flat pricing could be in our future And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Hear Our Last Episode with Mark on the US Bank Failures Home Building is Exploding, But Will it Solve Our Inventory Crisis? Connect with Mark: Economic View Mark's X/Twitter Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-175 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jan 3, 2024

With doomsday headlines and lagging consumer confidence, how should you proceed in 2024? Time to get the advice of TWO senior economists! BiggerPockets’ Dave Meyer talks with ZILLOW’s Orphe Divounguy and REDFIN’s Chen Zhao to demystify the latest US economic indicators and provide you with strategies to thrive in this year’s housing market. We’ll get into home prices , the incoming “affordability correction,” mortgage rate forecasts , and why next year could be significantly better for buyers . But that’s not all. Both Chen and Orphe share their outlook for the 2024 economy, the state of the American consumer , and what could happen as student loans kick back in, credit card delinquencies increase, and cash reserves run dry. Finally, we’ll end things with Chen and Orphe’s list of real estate markets to watch and the pricey areas that may see a revitalized post-pandemic boom . If you want to know what to expect, where to invest, and if the hot housing market will return i n 2024 , stick around! In This Episode We Cover: Redfin and Zillow’s 2024 housing market predictions The “weakening” American consumer and what this means for homebuying 2024 mortgage rates , “disinflation,” and where we could end up next December The “affordability correction” that could help home buyers get their first house Riskiest real estate markets in America that could see HUGE price cuts Affordable markets to watch that have had rock-solid home prices And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Hear Past “On the Market” Episodes with Chen and Orphe: On The Market 151 with Chen On The Market 150 Orphe (Ep. 1) On The Market Orphe (Ep. 2) 2024 Housing Market Predictions: Home Prices, Interest Rates, & Opportunities Connect with Orphe: Orphe's LinkedIn Orphe's Research Tune into “Everyday Economics” with Orphe Connect with Chen: Economists Corner Chen’s LinkedIn Chen's Research Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-174 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jan 1, 2024

What makes a good real estate market? A stable or growing population , large employers nearby, tourism , and, as a bonus, college-educated residents . Put those all together, and you’ve just stumbled upon your next great real estate investing area: college football towns! After digging into the data, the On the Market panel discovered that many top college football markets aren’t just great for partying and tailgating; they’re also undeniably promising property markets! On today’s episode, Dave, Henry, James, and Kathy will uncover four of the BEST college football markets in the nation and share which ones they personally would invest in . Looking for cash flow ? We’ve got a couple of markets. What about long-term appreciation? We have those, too! We even have one STRONG college football market that has seen prices drop off over the past two years, with HUGE potential for rising prices in the near future. If you’ve been waiting to buy your first or next rental property but don’t know where to invest and which metrics to watch, this is THE episode to listen to. The On the Market panel will explain exactly how they analyze each market , which ones make sense for which investor, and why you’ll want to score a deal in these cities before it’s too late! In This Episode We Cover: The four best real estate markets for cash flow, appreciation , and football One expensive market with amazing house flipping profits and NO income tax The boomtown market that's seeing BIG price drops but has massive appreciation potential Two cash flow real estate markets with low home prices and strong populations The metrics expert investors look at before they invest in ANY real estate market And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram Kathy's BiggerPockets Profile Kathy's Instagram Investing in College Rental Property — Step-by-Step The 8 Best Housing Markets in The US For Low Prices and High Cash Flow Austin Price Decline Forecast Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-173 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Dec 28, 2023

Americans have been waiting for a recession to kick in for the past year. With consumer sentiment down and debt piling up , it’s understandable why so many feel like the worst is yet to come. But what if the “ hard landing ” everyone was so afraid of already happened without us even noticing it? Could a “ rolling recession ” be why the economy never crashed at once? We’ve got Liz Ann Sonders , Charles Schwab’s Chief Investment Strategist, on the show to explain. In a new report , Liz Ann touches on the one industry that could get hit hardest in 2024 , what will happen if the labor market starts to break, and why we aren’t out of the woods yet for another recession. In today’s show, she’ll detail her findings and explain why SO many Americans feel now is an economically dangerous time , even while hard data points to confident consumers. We’ll get Liz Ann’s take on the Fed rate cuts and whether or not they’ll even happen as the Fed eagerly awaits mortgage rate hike effects to finally kick in. Plus, recession indicators to watch in 2024 and why the bond markets could be pointing to something that no one else has been able to see. In This Episode We Cover: The “rolling recession” and why a “ hard landing ” may have already hit One industry that could get hit HARD in 2024 if the labor market starts to weaken Why we haven’t felt the full effect of the Fed’s rate hikes yet Fed rate cut predictions and how long the Fed could continue to hold high rates Recession indicators and what the bond market tells you that no one else is talking about And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Why 2023’s “Rolling Recession” is Almost Impossible to Predict BiggerNews: Soft Landing or Hard Recession? How to Build Wealth in Both U.S. Outlook: One Thing Leads to Another Connect with Liz: Liz's Insights Liz's LinkedIn Liz's X/Twitter Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-172 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Dec 25, 2023

Where are the BEST places to live in the US ? Well, U.S. News & World Report just released their annual list to show which cities are worth picking up and moving to. Some of these cities are investor favorites, while others are rarely discussed within the real estate investing community. If these cities truly are some of the best places to live in the country, wouldn’t having property in such desirable markets lead to big investing profits ? Henry, James, and Kathy go over the top cities on the list, talking about which are worth investing in , which aren’t, cash flow vs. appreciation potential, and where they’d comfortably park their dollars in properties. And even though Dave is away on his honeymoon, we’re still bringing you LOTS of data, statistics, and trends to watch so YOU can get in on some of the top cities before investing masses know about them. And, as always, thanks for joining us on On the Market . Our entire team wishes you the happiest of holiday seasons. Here’s to more deals, data, and passive income in 2024! In This Episode We Cover: The best places to live in the US and whether we’d invest in any of them Why this low-cost, solid rental property market took the #1 spot this year The south’s repeat winners that have strong employment and promising demographic trends The one pricey mountain city that is worth investing in IF you can afford it Metrics we look at before we’d invest in ANY real estate market And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram Kathy's BiggerPockets Profile Kathy's Instagram Best Places to Live in the U.S. in 2023-2024 Top 10 Real Estate Markets for Cash Flow in 2023 The Top 10 Housing Markets Forecasted For Strong Demand This Decade Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-171 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Dec 21, 2023

A “reset” could be coming to the housing market in 2024 . As mortgage rates fall, inventory rises, and consumer wealth begins to grow, more and more renters are in the position to buy. An economic “trifecta” could form that brings us back into a hot housing market , but will it be anything like 2021 and 2022? We’ve got Orphe Divounguy , Senior Economist at Zillow , back on the show to give Zillow’s 2024 housing market predictions and share where he’s personally looking to invest. 2023 was an impossible year for homebuying. Rates were high, inventory was non-existent, and fears of a recession made Americans have second thoughts about buying real estate. But now, it looks like the Fed will land their so-called “soft landing” as the economy continues to slow but grow at a rate we’ve been waiting for. This is good news for housing. If you want to hear what Zillow thinks could come next in 2024, what will happen to housing inventory, where Americans will move, and how a presidential election could impact the property market, this is the episode to watch. Be sure to subscribe to On the Market, as Orphe will be back to discuss even more housing market predictions with Redfin’s Chen Zhao. In This Episode We Cover: Why the housing market could have a “big reset” in store for 2024 The economic “trifecta” that could put Americans in the perfect position to buy homes Improving housing inventory and the BIG jumps made towards the end of 2023 2024 headwinds to watch out for and how a presidential election could freeze investing Affordable markets that Americans are planning to move to in 2024 Where Orphe is looking to buy his next investment property (watch this market!) And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Zillow’s Senior Economist on Why You DON’T Want Mortgage Rates to Fall 2024 Housing Market Predictions: Home Prices, Interest Rates, & Opportunities Zillow’s 2024 Housing Market Predictions Connect with Orphe: Orphe's LinkedIn Orphe's Research Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-170 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Dec 18, 2023

For years, we’ve been hearing about how the single-family rental market is being bought up by hedge funds , iBuyers, and institutional investors . For the average investor, it seems like the corporate landlords are getting an unfair advantage—they have better data, better financing, full-time staff, and deep pockets to buy whatever and wherever they want. But a new single-family rental survey shows that the big players aren’t the ones controlling the market —it’s the little guys. To walk us through this massive, single-family rental survey, is Rick Palacios Jr. , Director of Research at John Burns Research and Consulting. Rick’s team accomplished the seemingly impossible task of measuring activity for 270,000 single-family rental homes to see how landlords are faring in 2023 and what their plans are for 2024. And while this survey focuses on REITs (real estate investment trusts) , private groups, and other larger-type buyers, it provides invaluable insights for the small-time landlord . Rick will walk us through rent growth (and decline) from the past year, where he believes rents will be in 2024, whether or not expenses could continue to rise , how high mortgage rates are affecting buyers, and why institutional investors are struggling in this market while mom-and-pops are buying! In This Episode We Cover: What the largest single-family rental survey says about the 2024 housing market Rent “normalization” and why those who aggressively projected rising rents will get hit hard Rising expenses , insurance costs , and whether or not it could get even worse Why institutional investors pulled out of the market while small-time investors thrived How long the “ lock-in effect ” could last as high mortgage rates become the new norm Whether or not the multifamily rent crisis could spill over into the single-family market And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram James' BiggerPockets Profile James' Instagram On The Market Podcast 31: Wall Street: Huge Threat or Harmless Hedge Funds? On The Market Podcast 110: Bullish Homebuilders, Affordable Housing, and Why Home Prices WON’T Move John Burns Research and Consulting Single-Family Rental Survey John Burns Research and Consulting Company LinkedIn John Burns Research and Consulting Newsletter John Burns Research and Consulting X/Twitter John Burns Research and Consulting Website Connect with Rick: Rick's LinkedIn Rick's X/Twitter Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-169 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Dec 14, 2023

A recession isn’t off the table for 2024 , so you’ll need to know how to prepare for a recession and profit if the economy starts to slide. If your real estate values fall, your tenants stop paying rent, or you lose your job, how will you ensure you keep your properties? Those who can survive the bad times often thrive in the good —so what should you do to prepare? Today, our expert panel gives four suggestions ANY investor can take to make it through a recession unscathed . All of these suggestions are being put into practice NOW by our panel of experts. They’re not complicated, and acting on even a few of them could save you tens of thousands (or an entire property) if and when a recession finally does hit. From cutting costs to keeping cash on hand, investing differently , and building a "backup" for buying properties, these tactics will enable you to scoop up the deals that inexperienced investors couldn’t hold onto! In This Episode We Cover: How to prepare for a recession (and profit!) in 2024 Emergency reserves and how much you should have in the bank NOW Quick ways to cut costs so your business can easily survive downturns Accessing “backup” debt that’ll help you close on deals as banks tighten up credit Looking outside of real estate for returns and how the experts are diversifying Why you MUST keep some “liquid” assets on you during a recession And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram Kathy's BiggerPockets Profile Kathy's Instagram How to Prepare for a Recession (and Profit!) in 2022 Soft Landing or Hard Recession? How to Build Wealth in Both Books Mentioned in the Show Recession-Proof Real Estate Investing by J Scott Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-168 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Dec 11, 2023

If you want to invest in real estate in 2024 , you need to prepare. This year could be a grand slam for those who know how to take advantage, but for everyone else sitting on the sidelines, don’t expect your wealth to grow. Expert investors , like the On the Market panel, are getting more aggressive than ever before as so many real estate investors give up on buying deals due to high mortgage rates , tight inventory, and a shaky economy. So, how do you get ahead of the masses? In today’s show, we’ll share expert tactics ANYONE can use to invest in real estate in 2024 . Some of these tactics come from our panel, but many can be found in Dave’s newest 2024 State of Real Estate Investing Report . This report includes even more data, tactics, strategies, and research you won’t hear on today’s show. And it’s completely free ( head to BiggerPockets.com/Report24 or click here to download it! ) We’ve got tactics for flippers , traditional landlords , passive investors , and those still searching for cash flow in this high-rate world. Wherever you’re at in the investing cycle, whether you’re a beginner or a real estate veteran, these tactics could help you build wealth no matter what happens to the economy. In This Episode We Cover: Expert tactics from the 2024 State of Real Estate Investing Report Affordability trends and the properties that’ll attract the most renters Buying new vs. existing homes and which has better profit potential Value-add risks and why those willing to take them could make serious profits The passive investing strategy top investors are using to make mailbox money How to make your current portfolio even more profitable WITHOUT buying more properties And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram Kathy's BiggerPockets Profile Kathy's Instagram 2024 Housing Market Predictions: Home Prices, Interest Rates, & Opportunities “We’re Going to See a LOT of Deals” in 2024, Says Top Multifamily Lender Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-167 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Dec 7, 2023

Mortgage rates continue to fall as home buyer demand rises across the nation. We may be back to the times of bidding wars, “ rapid appreciation ,” and houses going under contract in days. But, most Americans are still sitting on the sidelines, thinking that real estate prices are too expensive to get in. Could this be a huge wealth-building mistake , and will we look back on 2023 prices as times when real estate was “cheap”? We’re back with another correspondents show as Henry, James, and Kathy bring the latest housing market headlines . “But, where’s Dave?” you ask. He’s eating some pad thai, snorkeling, and probably still looking at Fed data, even on his honeymoon. But don’t worry, he’ll be back soon! This time, we’re talking about the HUGE multifamily update that makes buying a multifamily rental property easier than ever before . If you want to get into real estate or try your first house hack, this is THE news you’ve been waiting for. Next, the most middle-class-friendly cities that you’ve probably never thought of. Then, the short-term rental “ tenant from hell ” who lived in a home for a year and a half rent-free, and what happened to the landlord as a result. And finally, some good news for buyers, as we discuss the slowly dropping rates and the massive opportunity they could bring. In This Episode We Cover: The new five percent down multifamily loan ANYONE can use to start investing Cities with the best middle-class life and six-figure paychecks for the taking The “tenant from hell” who cost a landlord over two hundred thousand dollars ! Mortgage rate relief and why mortgage demand continues to JUMP Why “rapid appreciation ” could be incoming as affordability increases with lower rates And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram Kathy's BiggerPockets Profile Kathy's Instagram Stories from Today’s Show: Best Middle-Class Cities Tenant from Hell Mortgage Demand Mortgage Rates Fell Last Week as a Recession Looms—Have We Turned a Corner? Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-166 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Dec 4, 2023

LLC owners and anyone who owns real estate : TUNE INTO THIS EPISODE! Today, we’re talking to Brandon Hall , CPA, about an urgent change affecting EVERY LLC in America . Not knowing about this change could cost you up to $10,000 in fines, but don’t worry; Brandon will tell you precisely what you have to do to avoid the fine entirely! Even if you don’t have an LLC, we’ve still got some 2024 tax tips to help you pay WAY less to the IRS this coming tax season. Brandon will review the new interest rate updates from the IRS and explain why you could owe much more than your taxes when you file. We’ll discuss the gradual decline of bonus depreciation and whether performing a cost segregation study in 2024 makes sense. Lastly, we’ll touch on opportunity zones and what to do if you have a large gain you DON’T want to pay taxes on. Plus, an instant red flag when looking for a CPA ! In This Episode We Cover: The one thing EVERY LLC owner must do to avoid a $10,000 fine Bonus depreciation’s decline and how much you can write off in 2024 Cost segregation explained and whether or not this HUGE tax benefit is worth the effort anymore Opportunity zone investing and turning a significant profit into tax-free investing The IRS’s new interest rates and penalties that could cost you thousands Where to find a CPA and one big red flag when searching for one And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Hear Our Last Episode with Branon on “The Biggest Real Estate Tax Loophole” Connect with Brandon: Brandon's BiggerPockets Profile Brandon's Website Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-165 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Nov 30, 2023

It finally happened. Inflation fell, mortgage rates dropped, GDP grew, and an unexpected jobs report was released. Is this the best news we’ve heard all year for the economy and the housing market? It sure sounds like it! We’re taking this episode to soak in all the good news from the past few weeks and point to an economic “sweet spot” that could make for PERFECT real estate investing conditions. There’s been a LOT of good news to share recently, and we’re doing our best to give you the economic update you need! First, we’ll touch on updated core inflation numbers and why the stock market rallied and mortgage rates fell due to the announcement. Then, we naturally get into the Fed ’s recent rate pause and why this might signify a strong housing market in 2024. But that’s not all the good news. A new jobs report points to a shift in the right direction, one that not many people expected. Finally, we’ll give you a housing market update, from new home sales to days on market, homeowner equity, and all the signs pointing to a “sweet spot” for investing. In This Episode We Cover Bond, Inflation, and GDP rate updates and why investors are getting bullish on 2024 The investing “sweet spot” real estate investors MUST keep an eye out for The Fed’s recent rate pause and what they’re telling Americans by holding steady New employment numbers that could make hiring even easier for employers A healthier housing market and the strong signs of a return to normalcy And So Much More! Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-164 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Nov 27, 2023

Our 2024 housing market predictions are here. Will interest rates finally fall? Will home prices continue to stay strong even with weak demand? And will we EVER “technically” enter into a recession ? We’ve got the full On the Market panel here to give their forecasts on everything that could happen in 2024, plus where the biggest buying opportunities could be. But first, we’ll painfully review our incorrect housing market predictions from 2023 and one BIG guess that we all got wrong. But we’re not the only ones! Both Zillow and Redfin had some predictions that didn’t age too well. From there, we’ll get into 2024 housing price predictions and whether or not we expect to see home prices FINALLY decline after a standstill year. Then, what everyone’s been waiting for— mortgage and interest rates predictions . If these start to fall, you can assume that home prices will rise, a buying frenzy will ensue, and the bidding wars will begin (again). With the potential for a recession at some point in 2024, lower mortgage rates may result from an even worse economic event. So, what IS going to happen? Stick around for our predictions! In This Episode We Cover: Our 2024 housing market, interest rate, and home price predictions What could cause mortgage rates to fall in the latter half of 2024 Recession probability and why Americans are spending more than ever before What we got WRONG in our 2023 predictions (nobody’s perfect) Best real estate investing markets in 2024 and why “unsexy” cities could win The HUGE opportunity for cash buyers as banks seek to offload properties And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Kathy's BiggerPockets Profile Kathy's Instagram Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram Hear Our 2023 Housing Market Predictions Where America’s Most Accurate Forecaster Sees Home Prices in 2024 Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-163 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Nov 24, 2023

Happy Thanksgiving! This Turkey Day, we're giving you an encore of our 2023 housing market predictions episode. Hear what we got right and what we (definitely) got wrong, and tune in next week for our 2024 predictions! ______ The 2023 housing market predictions are here. We heard you in the forums, the comments, and all over social media. We know you want Dave, the data man, to give you his take on what will happen over the next year. Will housing prices fall even more? Could interest rates hit double digits? And will our expert guests ever stop buying real estate? All of this, and more, will be answered in this week’s episode of On The Market . Unfortunately, Dave threw his crystal ball in with his laundry this week, so he’s relying solely on data to give any housing market forecasts . He and our expert guests will be diving deep into topics like interest rates, inflation, cap rates , and even nuclear war. We’ll touch on anything and everything that could affect the housing market so you can build wealth from a better position. We’ll also discuss the “graveyard of investment properties” and how one asset class, in particular, is about to be hit hard. With so much affecting the overall economy and the housing market, it can be challenging to pin down exactly what will and won’t affect real estate. That’s why staying up to date on data like this can keep you level-headed while other retail homebuyers run for the hills, scared of every new update from the Fed . Worry not; this episode is packed with some good signs for investors but also a few worrisome figures you’ll need to pay attention to. In This Episode We Cover The most important variables that could impact 2023’s housing market Which asset class will be hit hardest by price cuts and where investors can find deals Inflation , bond rates, and how the federal funds rate could impact homebuying Housing price predictions for 2023 and how far home prices could slide The seller’s vs. buyer’s market and how brand new investors can take advantage Whether or not cap rates will start to increase even as inflation pushes rents higher And So Much More! Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-162 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Nov 20, 2023

With interest rates at the highest point in decades, multifamily and commercial real estate purchases have dropped by more than 50%. Cash flow looks almost nonexistent, but good deals could be right around the corner as inexperienced operators are forced to give up their properties or pay MASSIVE amounts of money to the bank. What can you expect as the 2024 housing market rolls around? Stay tuned; we’ll give you all the info! Alison Williams, SVP & Chief Production Officer at Walker & Dunlop, joins us to discuss “small balance lending” and where MANY multifamily investors get their money. Alison is able to tell you point-blank what a lender needs to see to lend on your deal, how much money you should be prepared to come to the table with, and what could happen as the bridge loan bomb begins to go off. Alison also believes we’ll see “a LOT of deals” in the coming months/years as operators are forced to refinance, foreclose, or sell. This presents a massive opportunity for new investors who have been starved of deals and are looking to pick up another property without paying 2021 or 2022’s high prices! In This Episode We Cover The bridge loan bomb that could blow up many investors’ deals Why multifamily and commercial real estate purchases have fallen off a cliff Default rates, foreclosures , and whether Alison expects them to go up Deals coming down the road and why investors with cash on hand could be in for serious discounts What a “good” deal looks like in 2023/2024 and what you NEED to get funding Alison’s biggest pieces of advice for investors and why many could be in for a “shock” And So Much More! Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-161 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Nov 17, 2023

WeWork goes bankrupt , buying a house is deemed a "bad" idea , and Zillow stock has a fire sale thanks to the recent NAR lawsuit verdict. In other words, it's just another day in the 2023 housing market . Didn't have time to catch up on the news? Don't worry; we'll get you up to speed on everything happening in the world of real estate and how YOU can take advantage of this rocky market. First, we'll talk about how the NAR lawsuit verdict sent ripples throughout the economy, sending real estate-related stock prices way down for companies like Zillow , Compass , and Redfin . This verdict could mean a devastating blow to brokerages across the country, so what will the future of buying and selling be like? Next, we discuss commercial real estate 's continuous slog and why top commercial executives expect an even SLOWER 2024 . But there is some good news for buyers… And if you love little offices and coworking spaces, we're sorry because WeWork filed bankruptcy earlier this month as the office space gets battered . Finally, we'll finish with a recent headline about how HALF of America thinks now is a BAD time to buy real estate . Are they wrong? Are they bad at math? Should you still be buying? We'll answer all that and more on this episode! In This Episode We Cover: The NAR lawsuit's ripple effects that will affect the entire real estate industry Commercial real estate's sales slump and why 2024 could bring even better deals Why WeWork Won'tWork and what their massive bankruptcy means for the office space America's ongoing housing market pessimism and why buying with high mortgage rates ISN'T such a bad idea And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram Kathy's BiggerPockets Profile Kathy's Instagram NAR Slapped with $1.8B Lawsuit Payout, Ripple Effects Could Be “Enormous” Stories Mentioned in Today’s Show: Zillow Commercial Real Estate WeWork Home Buying Sentiment Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-160 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Nov 13, 2023

The US economy is on the brink of a recession, but consumers don’t seem to care . Consumer spending is up, credit card debt is through the roof, and the average American’s excess savings have been depleted . Could this financial rager we’re throwing end in chaos for the US economy? Or are these frightening metrics pointing to something else entirely? Today, Dave will get into the nitty-gritty details of the US consumer . After some serious pandemic stimulus , Americans were riding high, buying whatever they could with their stocked-up savings. But now, economic sentiment among Americans is starting to fall, and many believe a recession could be around the corner . With consumer spending making up the majority of economic activity in the US, if it starts to fall, our economy could go down with it. Dave will give you the numbers and updates you need to know EXACTLY what’s going on with the US consumer, whether or not rising debt and spending really matters, and the factors that could force spending to fall. In This Episode We Cover: Why consumer spending is exploding at a time when recession risk is high Declining consumer sentiment and why Americans are fearful of the future All-time high credit card debt and whether or not delinquencies are rising with it When Americans’ “pandemic savings” will run out Resuming student loan payments and how they could hurt the average consumer And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Here’s What the U.S. Consumer Tells Us About the State of the Economy 4 Economic Triggers That Could Send Us Into a Recession Recession Risk Rises as U.S. Consumer Spending EXPLODES Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-159 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Nov 10, 2023

Today, we’re sharing the five best vacation rental markets that’ll make you more money than anywhere else in the US. The best news? More than half of the markets on this list have vacation homes either under or around the median home price of the US, so you don’t need to splurge to buy your perfect beach-side short-term rental . What are the markets, and why have you probably never heard of them? Tune in; we’ll give you the top five markets AND where to find the full twenty-five market list! But before we take any credit, this list comes from our friends at Vacasa , and their own Daned Kirkham is on the show to walk us through it. Daned and his team go through tens of thousands of data points , from average nightly revenue to insurance costs , expenses, improvements, average home prices, and more, to come up with a definitive list of vacation rental markets that’ll give you the best bang for your buck. This list even has markets where you can find cap rates OVER ten percent (yes, in 2023), so if you’re starving for some short-term rental cash flow , THESE are the markets you can’t afford to overlook. In This Episode We Cover: 2023’s five best short-term rental markets in the United States Why young real estate investors are forgoing primary residences and buying vacation rentals instead Cap rates explained and the methodology behind ranking these top tourist cities The tiny beach town that has an explosive population of tourists The ten percent cap rate lake city with affordable vacation home prices And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Facing Strict Short-Term Rules, Airbnb Shifts to a New Type of “Host” w/Airbnb’s Jesse Stein How to Buy a Vacation Rental Property Check Out the Vacasa Lists: Top 25 Best Places to Buy a Vacation Home Best places to buy a beach house 2023 8 best mountain biking towns Connect with Daned: Vacasa Daned's LinkedIn Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-158 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Nov 8, 2023

The NAR lawsuit just ended in a way almost no one expected. The NAR (National Association of Realtors), America’s largest association of real estate brokers, agents, appraisers, and more, just got dealt a blow that there may be no recovering from. This lawsuit, which focused on agent commission splits, ended in a $1.8B blow to NAR , and this could be just the beginning of a slew of lawsuits like this. To explain all the messy details, we brought Business Insider reporter James Rodriguez back on the show to explain this massive lawsuit, the verdict, and what this means for the entire real estate industry. This major lawsuit alone could bring sweeping changes to how agents buy and sell real estate and how they’re paid. Even more ground-breaking, the future of buyer’s agents now seems murky at best and non-existent at worst, as these commission structures may make buyer’s agents’ jobs almost obsolete. If you’re an agent, investor, buyer, seller, or broker, the effects of this lawsuit CANNOT be ignored because if the dominos continue to fall, we could wake up to an entirely new real estate landscape. In This Episode We Cover: The NAR’s real estate agent commission lawsuit explained The $1.8B verdict and why this could swell up to over $5B in losses for the defendants Why NAR and Keller Williams , two massive companies, weren’t able to win this case The future for real estate agents and how this could crush their commissions “Enormous” ripple effects that could come as a result of this lawsuit Why NAR’s CEO decided to jump ship after the verdict was announced And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Hear Our Last Episode with James on This Lawsuit The multibillion-dollar lawsuits that could radically reshape how we buy and sell homes forever Connect with James: James’ Profile – Insider James’ Twitter Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-157 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Nov 6, 2023

Airbnb is looking for a new type of host: renters . With housing costs rising nationwide, homeowners have almost always been able to rent out their properties to make an extra buck. But, until now, renters haven’t had the same opportunity. And, as mortgage rates rise and rents stay high, many renters are biding their time, hoping to save up enough so that when rates drop, they can snag the home they’ve been dreaming of. Airbnb is trying to make this easier. Jesse Stein , Global Head of Real Estate at Airbnb, is no stranger to the world of hospitality. His background with hotels made him the perfect candidate to join Airbnb. Jesse comes on the show to talk about the short-term rental industry , where it’s heading, whether or not it’s growing , and a new type of “host” that Airbnb is trying to help create. Jesse’s team at Airbnb has partnered with some of the largest apartment communities in the country to offer renters a deal that’s almost too good to pass up: the ability to rent their place while they’re away. Now, high-cash flow house hacking isn’t just reserved for homeowners , and a move like this could help with the wallet-crushing affordability issues we’ve talked about so many times on the show. In This Episode We Cover: Short-term rental market trends and why consumers are still spending so much on travel Growing regulations and Airbnb’s response to cities cracking down on short-term subletting The new “Airbnb?friendly apartments” that allow renters to house hack like never before Renting vs. buying a home in 2023 and the savvier of the two choices The rise of medium-term stays and why more renters are using Airbnb for longer trips And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram James' BiggerPockets Profile James' Instagram How To Start An Airbnb In 6 Easy Steps House Hacking 101: What It Is and How to Get Started Start Hosting on Airbnb Today Read the Airbnb Q3 Earnings Call Transcript Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-156 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Nov 3, 2023

We’re about to show you the eight best housing markets you’ve never heard of before. If you want boring, unsexy markets that give you mailbox money every month , have growing populations, cheap homes , and strong economies, bring your notepad because you probably haven’t thought of any of these markets before. We sent our On the Market researchers on a quest to find the country’s most boring, underrated, yet promising rental property markets —and we’re sharing the list with you today. From college football towns to underrated beach cities and strong manufacturing centers , almost all these cities have cash-flowing real estate where you can find steals and deals easier than already-tapped markets like Miami, D.C., or Denver. Some of these markets are on the smaller side. Still, with housing affordability tanking , these cheaper states could see a massive influx in population as coastal workers seek financially stable inland cities. So, if you’ve been saving up to buy your next deal but can’t find anything worth investing in around your area, check out ANY of these eight markets because if you don’t buy in them, we will (and Henry already has)! In This Episode We Cover: Eight boring, stable, cash-flowing real estate markets you can invest in NOW The East Coast beach city with MASSIVE population growth and cheap home prices The college football towns where you can make a killing on student housing Staying away from single-industry markets and what happens when employment starts to fall The state pushing for zero percent state tax that could see a significant population boost The growing city where Henry is gobbling up rental properties as fast as he can And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram Kathy's BiggerPockets Profile Kathy's Instagram Get on The Waitlist for BPCon 2024 in Cancún! The 4 Most Affordable, High Cash Flow Real Estate Markets of 2023 These Are The Top 20 Up-And-Coming Real Estate Markets Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-155 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 30, 2023

We messed up. Our real estate investing mistakes in 2023 totaled up to hundreds of thousands of dollars , and although On the Market is THE show where expert real estate investors come together, today is proof that we all make mistakes. From forgotten tax bills to landscaping debacles that cost six figures in interest , letting your property manager run your short-term rental into the ground, and forgetting about a house you own —these mistakes are rough. If you feel like you made severe investing mistakes in 2023, worry not, because on this episode, our expert guests will talk through some of their most painful real estate losses of the past year as entertainment for you to enjoy! Ever forgot that you owned a house that had interest accruing on it? Thought that deal you lost money on was over? Didn’t pull a permit, and now you’re stuck paying six-figure holding costs over some shrubs? You probably haven’t made these mistakes, but our guests have! Stick around to hear exactly what you SHOULDN’T do in 2024 (and beyond) and how you can turn a terrible situation into a profitable deal…or at least a lesson you don’t repeat. In This Episode We Cover: Why you should NEVER wait to pull permits on a flip and how it could cost you six figures The massive “loan forgiveness tax” you could be forced to pay if your deal goes south Forgetting about a flip and the downside to scaling your portfolio too fast Whether or not you missed the best buying opportunity of the past year Hire slow, fire fast , and signs it’s time to relieve your property manager of their duties Why you’ll want to become Henry Washington’s next private money lender And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram Kathy's BiggerPockets Profile Kathy's Instagram 3 Investing Mistakes You Don’t Want To Make In 2023 14 Mistakes New Investors Make Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-154 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 27, 2023

Another housing market “frenzy” is much more likely than many of us thought. With the traditionally slow fall/winter season upon us and housing inventory gradually inching up, home buyers could get a much-deserved break. But this won’t last for long. The long-term outlook on the housing market isn’t looking good for buyers, and many Americans will be forced to rent as a result. So, what could cause the next home buying “frenzy”? We’ve got Clayton Collins , HousingWire CEO , on the show to give his take. HousingWire has been acquiring data and research companies as fast as possible, trying to build the most perfect picture of the housing market available. And right now, it looks great for sellers but not buyers. With inventory still in the gutter and mortgage rates at a twenty-year high, homeowners will only consider selling once rates have dropped. But won’t lower rates flood the market with eager home buyers all over again? We’ll get Clayton’s opinion on what could fix the inventory shortage, when mortgage rates could drop , real estate markets with the best chances of price cuts, and what to watch out for in 2024. In This Episode We Cover: America’s underbuilding problem and how this could create an inventory shortage that lasts decades Whether or not rising housing inventory is a sign of a coming crash The real estate markets most likely to see price cuts in the coming months/years What has caused mortgage rates to stay so high for so long (and what will happen when they fall) The housing market “frenzy” that could restart once THIS happens Multifamily mayhem and big problems in today’s rental market And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Hear Our Interview with Altos Research’s Mike Simonsen HousingWire’s Logan Mohtashami on What Will Cause Mortgage Rates to Finally Fall HousingWire: Home prices are likely to fall in these markets Tune into “Housing News” with Clayton Get Up-to-Date Real Estate Insights from HousingWire Connect with Clayton: Clayton's Twitter Clayton's Email Clayton's LinkedIn Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-153 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 23, 2023

Mortgage demand has fallen off a cliff , according to ICE’s recent Mortgage Monitor Report . With affordability hitting new lows and mortgage rates still rising, home buyers have simply given up on buying a house any time soon. Mortgage applications are now forty-five percent below pre-pandemic levels, and something BIG will have to change for buyers to jump back into the market—are lower home prices the answer? To explain the Mortgage Monitor Report’s most recent findings, we brought on ICE’s Andy Walden . Andy has the most recent home buyer, mortgage rate, foreclosure, and delinquency data to share. We’ll talk about the buying power that’s been wiped out of the market, why mortgage applications fell off a cliff, rising unaffordability and whether or not it’ll force foreclosures , and the real estate markets with the most potential for home price growth . Andy even gives his 2024 housing market forecast with some eerie warnings about what could happen to home prices as we reach an “ inflection point ” in the market and enter the traditionally slower winter season. In This Episode We Cover: Why mortgage originations are falling faster than ever before (and what this means for home prices) Andy’s Q4 housing market forecast and how to tell where prices are headed Foreclosures , delinquencies, and why “ distressed sellers ” aren’t flooding the market Why investors have “backed off” the housing market waiting for mortgage rates to dip Regional housing markets that could see the best (and worst) home price performance The rising popularity of assumable mortgages and the massive downside to doing one of these deals And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Hear Our Last Episode with Andy Read the October 2023 Mortgage Monitor Report Archive of Past Mortgage Monitor Reports Connect with Andy: Work with Andy and His Team Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-152 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 20, 2023

The Fed’s new “neutral interest rate” could mean pricier mortgages, less cash flow , and higher home prices for longer. After the great financial crisis, interest rates were kept in check, slowly sliding down for over a decade. But, since the pandemic, things have gone the opposite way. Mortgage rates have hit multi-decade highs , bond yields have crossed new territory, and we could be far from things returning to “normal.” If you want to know the math behind the mortgage rates and understand what the Fed does (and doesn’t) control in a high-rate world, Redfin’s Chen Zhao can break it down for you. In this episode, Chen goes through the economic indicators tied to mortgage rates , how bond yields affect banks' lending power, why the ten-year treasury is at a historic high, and the Fed’s newest “neutral interest rate.” We’ll also get into the potential effect of next year’s presidential election on mortgage rates and the housing market and what to look for to gauge where we’re headed. If you want to know where interest rates will go , Chen details the roadmap in this episode. In This Episode We Cover: The math behind mortgage rates and what causes them to rise and fall The Fed’s new “neutral interest rate” and why mortgage rates could stay where they are for a LONG time Bond spreads , how they affect mortgage rates , and why they’ve taken a massive leap Reaching economic equilibrium and how the Fed plans to keep unemployment and inflation down The 2024 presidential election and whether Democrats or Republicans could help/hurt the housing market And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram The Federal Reserve is Suddenly Doubling Its Forecast For Growth—But Will They Keep Hiking Rates? Mortgage Rates Reach the Highest Point in 20 Years—How Much Higher Will They Go? Connect with Chen: Economists Corner Chen's LinkedIn Research Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-151 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 16, 2023

Everyone wants low mortgage rates again , but getting there might be one of the most economically treacherous roads many have ever faced. The sacrifice needed to get interest rates down would be substantial and lead to severe effects throughout the economy and all of our lives. After you hear today’s interview with Senior Economist at Zillow , Orphe Divounguy , you’ll know exactly what we mean. Orphe’s team tracks anything and everything to do with the housing market . From home prices to migration, mortgage rates, new construction , and more, their finger is closer to the housing market pulse than most. But, if you want an episode where we talk about home prices coming back down and rates finally falling, this isn’t it. Orphe brings on the housing market facts and forecasts a future many of us didn't think possible just a few months ago. We’ll go over home price predictions , what could cause rates to finally fall , underrated affordable markets , recession risk, and how to get started investing in real estate during such a tough market. In This Episode We Cover: The one thing that could cause mortgage rates to fall (and the danger behind it) Zillow’s recession forecast and why US economic growth might be impossible to stop Higher home prices and how the supply lag has kept prices near all-time-highs Rent growth and which types of real estate are already seeing a return to normal The most affordable, underrated real estate investing market that won’t last long Where Orphe is investing in real estate and his advice for getting started And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Kathy's BiggerPockets Profile Kathy's Instagram Fannie Mae Expects a Recession as Mortgage Rates Continue to Climb Rate-Locked Homeowners Nearly Twice as Likely to Not Consider Selling Connect with Orphe: Orphe's LinkedIn Orphe's Research Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-150 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 13, 2023

The real estate commission lawsuit that threatened buyer’s agents’ income is coming to an end. The conclusion? There could be even more murkiness ahead , and agent commissions are far from future-proofed. This settlement could either have been a cash grab from the get-go or a way to end the “unfair” buyer-seller agent commission split . So, how will this affect buyers and sellers today , and will these lawsuits make a difference on your next home sale or purchase? We’ve got the hard-hitting housing market headlines you need to hear about on this episode of On the Market . First, we’ll talk about RE/MAX’s settlement and the future for buyer’s agents . Then, we’ll uncover why exactly housing starts have started (no pun intended) to freeze and why apartment investors could be begging you to take land off their hands . And, if you’ve ever wanted your home to pay you money every month, the new “ passive home ” development has just what you’re looking for. But with a high initial purchase price, are the savings/profits worth the cost? Finally, if you thought you were smart for house hacking, prepare for an ego-blow because Dave Ramsey wants YOU to know that subsidizing your mortgage is a move for LOSERS . Sell that investment property, buy your house in cash, and prepare some beans and rice for dinner! All that and more on this episode! In This Episode We Cover: The RE/MAX agent lawsuit settlement and what this means for real estate agent commissions Too many agents, not enough housing, and why “change” is coming to the industry Home construction numbers and why housing starts dropped to their lowest level in years The “passive home” with such massive energy savings that utility companies will pay you to live Dave Ramsey’s house hacking rant and why his investing advice doesn’t quite hit the mark And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram Kathy's BiggerPockets Profile Kathy's Instagram New Agent Lawsuits Could Have Profound Effects for Buying and Selling Homes RE/MAX Settlement Housing Starts Passive Homes Dave Ramsey Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-149 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 11, 2023

The Chinese real estate crisis could mean much more for the global economy than you think. One economic giant falls, and other interconnected countries, like the United States, feel the shockwaves. As more and more bad news (or LACK of news) comes out of China, we have one question: how will our housing market , stock market , and government be affected? The Motley Fool ’s Bill Mann is on to help answer. Bill works as a “treasure hunter,” searching for underpriced but financially sound stock investments for all of The Motley Fool ’s subscribers. As a result, Bill’s research goes far beyond the borders of the United States. He’s constantly looking at global markets and industries to see which could be on track for a meteoric rise. In today’s episode, Bill walks us through China’s economic crisis, their “rotting” real estate, and what happens if they continue into a deflationary spiral. Then, we talk about Taiwan’s chip manufacturing monopoly and what would happen if a global conflict threatened this industry’s safety? Finally, Bill gives us a global economic forecast with his two cents on interest rates , the “economy of the future,” and the USD “wrecking ball.” In This Episode We Cover The spiraling Chinese economy and why their real estate is beginning to “rot” Chip manufacturing and the most important technological industry you’ve never thought about Taiwan’s semiconductor monopoly and why the US is going to great lengths to protect it The USD “wrecking ball” and how a strong dollar could hurt global economies One country that could become the “economy of the future” An interest rate prediction and whether or not Bill thinks the Fed has any more room to hike rates And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram Motley Fool Money Books Mentioned in the Show Raising Private Capital by Matt Faircloth The Hands-Off Investor by Brian Burke Connect with Bill Global Partners Motley Fool Money Value Hunters Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-148 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 9, 2023

The multifamily real estate market went from bad to worse. Interest rates are still at record highs , cap rates have somehow stayed compressed, rent growth looks bleak at best, and sellers refuse to budge on their prices. As a result, inexperienced operators are picking up so-called “deals” to shop around to their investors—and they could be walking into a massive financial trap without even knowing it. If you want one hundred and one reasons NOT to buy multifamily right now , Brian Burke is here to help. But, if you want a counteracting force of optimism as to why you should pursue multifamily properties, Matt Faircloth can balance out this debate. These investors have owned and managed THOUSANDS of apartment units , but NEITHER of them has bought in over a year. Brian even went as far as selling most of his portfolio right before the commercial crash, a move many thought was far from wise at the time. These two time-tested multifamily experts come on today to talk about the commercial real estate crash , the “chaos” that could ensue over the next year, why inexperienced syndicators are about to bite the dust, and why multifamily investing may not be the move to make in 2023 . Think this is just a bunch of scare tactics to keep you away from good deals? Tune in to be surprised. In This Episode We Cover: The multifamily market crash and why sellers are STILL asking for all-time-high prices Risky real estate debt and what you MUST know about commercial financing before you buy another property What Brian and Matt MUST see in a property before they send in an offer The “ wave of foreclosures ” that won’t come and deals being done in the shadows What to do RIGHT now as the market is in shambles to make the most money in the future Cap rate compression and why these high multifamily prices can’t last And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram James' BiggerPockets Profile James' Instagram Meet Brian and Matt at BPCon! Sign Up for the BiggerPockets Multifamily Bootcamp The Multifamily “Bomb” is About to Blow, Here’s What You Need to Know Books Mentioned in the Show Raising Private Capital by Matt Faircloth The Hands-Off Investor by Brian Burke Connect with Brian Brian's BiggerPockets Profile Brian's Website Brian's Instagram Connect with Matt Matt's BiggerPockets Profile Matt's Website Matt's Instagram Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-147 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 6, 2023

A 2024 recession looks a lot more likely than it did just a few months ago. While many Americans were hoping for a “ soft landing ,” that might not be what we get as the economy hits a breaking point . With the government only temporarily saved from a shutdown , auto workers going on strike for cost of living adjustments, student loans resuming , and oil prices skyrocketing as production slows down, we may be forced to enter into a recession. On the flipside, GDP remains strong, Americans are still spending , and unemployment is historically low. While this could quickly change, it begs the question: is the American consumer stronger than high interest rates , rising prices , and the threat of an unknown future economy? We brought on the full On the Market panel to give us their take on where we’re heading and which economic threats could bring down the economy. We’ll get into the nitty-gritty of the recent UAW strike that is putting a bottleneck on transportation, the government shutdown that risks millions going unpaid, student loan resumption that could force Americans to forgo optional spending, and an exacerbated oil price increase that is hurting the everyday American (and especially Californians). In This Episode We Cover: Four economic factors that could force us into a 2024 recession NAR’s recent scandal and why Redfin has decided to finally cut ties Student loan payment resumption and a massive cut in Americans' discretionary spending The UAW strike that could hurt traditional car manufacturers even more A looming government shutdown and the direct effects it has on the markets Increased oil prices and why your deliveries, construction projects, and renovations could cost even more And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram James' BiggerPockets Profile James' Instagram Henry's BiggerPockets Profile Henry's Instagram Kathy's BiggerPockets Profile Kathy's Instagram Is College Worth the Cost? w/Preston Cooper Why the Fed is Steering Us Straight Towards the Next Great Recession Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-146 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 2, 2023

The housing market is now aggressively out of reach for first-time home buyers . Nearly sixty percent of homes for sale are unaffordable to the average American. What’s causing such a lack of affordability? High mortgage rates, meager supply, and baby boomers refusing to sell their single-family homes (seriously). These factors have created a housing market where “ forced renter households ” will become the norm…but not for long. According to Matthew Gardner , Chief Economist at Windermere Real Estate, there’s at least some hope on the horizon . Mathew knows the solution to this almost unfathomable unaffordability issue , and it’s much simpler than most people think. In this episode, he talks about the primary driver of high home prices , the factors causing so many Americans to rent, and why we can’t repair this market using the same housing market “incentives” that worked in the past . And, as someone who works regularly with large-scale investors, Mathew has some advice for those still trying to invest in a market where profits seem improbable. When will mortgage rates head down? How long will unaffordability last? And what’s the solution Matthew thinks will solve it all? We’ll get into all that in this episode! In This Episode We Cover: The SINGLE factor that’s causing so much unaffordability in the housing market Home price updates and a surprising statistic about homes for sale Mortgage rate predictions and whether or not we’ll see them fall next year “Forced renter household” formation and whether America will become a renter nation Crucial advice for ANYONE who’s buying real estate in 2023 (and if you should wait) And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram James' BiggerPockets Profile James' Instagram Housing is Unaffordable, But Could It Actually Get Worse? Connect with Matthew Matthew's Facebook Matthew's Instagram Matthew's LinkedIn Matthew's Twitter/X Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-145 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 29, 2023

If you want to know how to make millions of dollars in real estate , skip the rental properties, renovations, and rehabs and go straight for this type of “ land investing .” Our own Kathy Fettke is using this type of deal to make MILLIONS of dollars without building a single home or managing ANY tenants. This is all from one piece of land, where Kathy simply needs to put down just under five percent of the total purchase price, and in a few years, she’ll walk away with millions in profits. What type of deal is she doing, and how can you do it too? We’re back with another deal show as we dive deep into three real estate deals that our expert guests have on their hands. First, Henry will show off a simple house flip that will net him thirteen times his money when he sells. Then, Kathy will uncover the rarely talked about but unbelievably lucrative type of land investing that can make you millions. Finally, James hits on a “dense” flip/ development deal that will turn one home into many and give his team almost half a million dollars in profit ! If you want to submit your deal for a future show, post it on the On the Market forums where you can get other investor takes! In This Episode We Cover: The type of land investing that can make you MILLIONS in just a few years Cosmetic flips and why now may be a low-risk time to get in the market Why “dense” zoning can make you MUCH more money on your next investment “Deferred interest” and how to cut down on high holding costs Why the average age of a home seller in 2023 is NOT what you’d expect And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram Kathy's BiggerPockets Profile Kathy's Instagram Share Your Deal on the “On the Market” Forum Read More Home Buyer and Housing Market Stats Dealing Dirt: Is Raw Land the Most Underrated Asset of 2023? Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-144 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 25, 2023

The hotel vs. Airbnb battle may have just completely flipped . Post-pandemic, it seemed as if short-term rentals were the only places worth staying when traveling. Having a house with multiple beds, a kitchen, a private yard, and parking was considered too good for hotels to compete with. But, as the world reopened, travelers got tired of cleaning up after themselves and taking out the trash, and hotels began to claw back market share . With the idea of a short-term rental “collapse” constantly being pushed throughout mainstream media, we brought on AirDNA’s Jamie Lane to give us the facts about how the hotel vs. Airbnb battle is going. Jamie walks us through some surprising statistics about short-term rental occupancy , why things are starting to change in a post-pandemic world, the real estate markets seeing the worst (and best) performance , and how hotels are faring. For those who have seen their short-term rental markets start to struggle with so much supply and not enough demand, Jamie has some insider-only tips on finding smaller markets where you can still make a decent profit and how owning an international vacation rental may be your best bet as Americans leave the road-tripping and domestic flights behind . In This Episode We Cover: The short-term rental “collapse” and why occupancy is starting to fall The markets experiencing “normalization” as domestic travel becomes less popular Must-have short-term rental amenities that can almost guarantee you bookings Hotels vs. hosts and why Airbnb is losing market share to free buffet breakfasts Short-term rental regulations and how bans will impact hosts in every real estate market And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram #Airbnbust: The Fall Of Short-Term Rentals Hosts vs. Hotels: Is There Still Room in The Short-Term Rental Market? Has the Short-Term Rental Goldmine Run Dry? w/Jamie Lane Access Up-to-Date Short-Term Rental Data with AirDNA Connect with Jamie: Jamie's LinkedIn Jamie's Podcast Jamie's Twitter Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-143 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 22, 2023

House flipping profits are off the charts , so why are so many house flippers leaving the market ? Top flippers like James Dainard have seen their profits almost double, EVEN with today’s high interest rates . Wouldn’t now be the perfect time to take on more flips than ever? The experts say “no.” In fact, many of them have stepped away from flipping entirely , worried that the risk FAR outweighs the reward. To give us a more rounded view of this real estate market are Jessie Rodriguez and “I hate real estate but love money” investor Tarl Yarber . Jessie and Tarl have done HUNDREDS of flips throughout the past decade, but now, they’re doing fewer flips than ever before. With high holding costs , an uncertain economic future , and a greater risk of failure, now might not be the best time to start your flipping empire. But if you have experience, money, or time, you could make some serious returns if you are willing to take the risk. James, Jessie, and Tarl talk about what they’re looking for in today’s market , how to instantly lower your cost of labor on any flip, why so many expert flippers are leaving the business , and why you should “dollar-cost average” in real estate investing . In This Episode We Cover: The state of house flipping in 2023 and whether or not now is the time to jump in Interest rates , holding costs, and how much you can expect money to cost Why “quick flips” are FAR safer now than extensive, heavy rehab house flips Why Tarl quit flipping and the signs he’s waiting for BEFORE he gets back into the game Labor costs and how Jessie INSTANTLY cut down his rehab budget Dollar-cost averaging in real estate and whether or not it’s a smart move for rookies And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram James' BiggerPockets Profile James' Instagram Unbelievable Returns from Flipping This New Type of Real Estate w/Jessie Rodriguez Flipping Houses: How to Get Started and Everything You Should Know Connect with Jesse: Jesse's Instagram Connect with Tarl: Tarl's BiggerPockets Profile Tarl's Instagram Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-142 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 18, 2023

The “Doom Loop” could cause banks, businesses, and commercial real estate to crash . With real estate valuations down, property owners begin to default , and credit tightens , causing the same cycle to repeat itself again and again, pulling banks and balance sheets down until we reach a bottom . But is this “Doom Loop” scenario just feeding the fear of a housing market crash , or are we months away from this becoming our new reality? We asked Richard Barkham , Global Chief Economist of CBRE, his take on what could cause a “Doom Loop” and what we should be prepared for. Richard’s team handles some of the planet’s most comprehensive commercial real estate data. When the masses run away in fear, Richard’s team sees opportunity, and if you listen to today’s episode, you’ll know exactly where the prices are too low to pass on . Richard gives his economic forecast for the next year, when the US could enter a recession , how high unemployment could get, and where commercial real estate prices are heading. While some commercial real estate sectors are facing dramatic price declines, others are looking surprisingly strong. But with a weaker economy and fear of a “Doom Loop” taking hold, are everyday investors safe from this potential economic catastrophe? In This Episode We Cover: he real estate “Doom Loop” explained and what could cause this chain reaction to tank asset prices The “global slowdown” and recession predictions for 2023 and 2024 The weakest and strongest sectors of commercial real estate (and which ones are underpriced) Cap rate updates and what will finally cause prices to improve again Best buying opportunities in 2023 and assets with rising rents and declining prices Unemployment , inflation , deflation, and what we can expect over the next year And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram James' BiggerPockets Profile James' Instagram The Biggest Crash Imaginable is Coming For Commercial Assets Grab CBRE’s “Midyear Global Real Estate Market Outlook 2023” Books Mentioned in the Show Real Estate by the Numbers by Dave Meyer Connect with Richard: Richard's LinkedIn Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-141 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 15, 2023

Mortgage rates are ravaging the real estate market, but Warren Buffett is bullish on housing . With interest rates at twenty-year highs , almost any house is unaffordable to the everyday home buyer. And, with rising insurance costs , commercial real estate investors face HUGE policy hikes that are eating away at any leftover cash flow. But is this just the storm before the calm—have the price hikes peaked, and could we be in store for a more affordable market ? All the doom and gloom can seem scary; thankfully, Dave Meyer , James Dainard , and Kathy Fettke have brought their financial flashlights to make things a bit brighter. In today’s correspondents show, we’re talking about Warren Buffett’s latest move to invest in some of today’s top home builders and why “affordable” housing may be where the REAL money is made in real estate. Besides Buffett, we’ll also touch on the growing insurance crisis across the United States, who it’s impacting the most, and why Kathy’s latest bill jumped 600% (c’mon, Kathy). Could this insurance squeeze make the commercial real estate crash even more lucrative for buyers? Lastly, we’re talking about one of the most underground topics of 2023— mortgage rates . They’re climbing fast, but this could be a sign of lower rates to come! In This Episode We Cover: Why the world’s greatest stock investor is putting his money into residential real estate The ongoing inventory crisis and why we might be in a “2012” market in 2023 The insurance “squeeze” forcing commercial real estate investors out of their properties How to lower your insurance costs with simple, sustainable home improvements A mortgage rate update and crossing into the highest rates of the past two decades Rental property HELOCs and the best lenders to ask for one And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Kathy's BiggerPockets Profile Kathy's Instagram James' BiggerPockets Profile James' Instagram Warren Buffett Insurance Mortgage Rates Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-140 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 11, 2023

The Fed has put the American economy under extreme pressure to lower inflation . Mortgage rates are now at twenty-year highs , job openings are starting to fall, “cautious consumers” return, and a 2024 recession is still in the cards. Everything the Fed wanted is finally happening…but it’s not happening fast enough. Can anything solve the inflation we’re up against? Few know the Fed as well as Nick Timiraos , economics correspondent for The Wall Street Journal . Nick has been tracking the Fed’s moves for years and has been our go-to correspondent on what Fed chair Jerome Powell could be announcing next. With inflation finally taking a hit and the economy slowing down , progress is finally being made. But this doesn’t mean that we’re out of the woods yet. The Fed knows the job isn’t finished yet and is willing to push the American economy to extremes to get there. In this episode, we talk to Nick about the Fed’s next moves , mortgage rate predictions , how the housing market could reignite, recession forecasts , and the “immaculate disinflation ” that could save our economy. In This Episode We Cover: Why the Fed is keeping mortgage rates high even as we see lower inflation Consumer spending and why Americans are being more “cautious” with their money Credit tightening and risks for businesses if interest rates don’t decline Why job openings are falling and what this means for unemployment 2024 recession risks and what would have to happen for a “soft landing” to actualize And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Kathy's BiggerPockets Profile Kathy's Instagram The Fed’s Plan for Future Interest Rates Can the Fed Dodge a Recession in 2023? The Fed’s Next Move and When Rates Will Drop Connect with Nick: Nick's Twitter Nick's Website Nick on WSJ Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-139 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 8, 2023

We’re in the thick of a housing crisis . Buyers are waiting to pounce on properties, but there aren’t any houses to buy. Mortgage rates are high, and prices have risen or stayed flat in most parts of the country. So, where do first-time home buyers turn when there’s nowhere else to go? New construction homes! But it’s not just regular home buyers bidding on new construction . Investors are creating more competition as the existing home market slowly trickles out inventory. Nikolas Scoolis ’ team at Zonda has been distributing some of the most comprehensive new construction data for the 2023 housing market , and he’s got some good news to share. With new construction home sales sharply rising over the past year, builders are getting bullish, and home buyers are FINALLY getting their hands on some inventory . But, with so many home builders chasing luxury profits, are affordable houses even worth building? And while new homes bring some relief to the inventory crisis we’re facing, it may not be enough to balance supply and demand. Nikolas will get into new construction market updates , why new home sales are exploding , who’s buying, and the BIG incentives builders are promising buyers. In This Episode We Cover: The housing inventory crisis and if new homes will match demand Affordable housing and whether or not small square footage homes will come on the market Baby boomer investors vs. first-time home buyers and the fight for inventory Rate buydowns , free upgrades, and other incentives home builders are still offering Recovering markets that are seeing strength return after HUGE price drops And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Kathy's BiggerPockets Profile Kathy's Instagram Who’s Keeping the Housing Market Moving? Baby Boomers Read Zonda’s New Home Market Update Bullish Homebuilders, Affordable Housing, and Why Home Prices WON’T Move Connect with Nikolas: Nikolas' LinkedIn Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-138 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 4, 2023

The Chinese economy is facing one of its most significant tests in years . With real estate prices falling off a cliff , unemployment skyrocketing, and a currency crisis, Asia’s largest economy could hit even harder times ahead. But this doesn’t mean the rest of the world will remain unaffected. In the US, recession risks are starting to rise as hopes of a “ soft landing ” are gradually fading away. With inflation still rearing its ugly head and American households running out of cash savings, the worst could be yet to come. To give us a global view of the economy is Bloomberg LP’s Chief US Economist , Anna Wong , who also served on the Federal Reserve Board , the White House’s Council of Economic Advisers , and the US Treasury . Few people in the entire country have as good of a read on today’s economic situation as Anna, so we spared no questions about what could happen next. Anna has some recession predictions that go against the grain of popular economic forecasts. From her data, the risk of a recession is far from over , and we could be heading into a shaky Q4 of 2023 and a dismal start to the new year. She details what could happen to inflation , unemployment rates , foreclosure risk , and why the Chinese economy’s failures could have lasting effects back home. In This Episode We Cover: Why a “soft landing” looks unlikely as recession risks begin to rise again Bankruptcies, delinquencies, and why American consumers are running out of time Recession forecasts and when the worst economic effects could hit Deteriorating credit and why American home buyers are falling back into 2008 traps Chinese economic downfall and what’s causing Asia’s largest economy to crumble Effects on the US and how a global recession could appreciate the dollar’s worth And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram The 2023 Recession Countdown: Is Now the BEST Time to Invest? Is the Global Economy About to Collapse? Inside China’s Real Estate Crisis Join The Bloomberg Terminal and Use Code BECO <GO> Connect with Anna: Anna on Bloomberg Anna's LinkedIn Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-137 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 1, 2023

Buying a house in the 2023 real estate market is already exhausting . Sellers have regained control, and homebuyers are back bidding over every reasonably priced house within a decent school zone. But, buyers have gotten smarter, paying attention to one strategy that allows them to break even or sometimes cash flow , even with today’s sky-high mortgage rates . And our two expert agents from entirely different markets agree: this is the way to go. To finally tone down Henry Washington’s non-stop Northwest Arkansas propaganda, we’ve brought Ryan Blackstone , local Arkansas agent and broker, on to the show to break down exactly what moves are being made in his “affordable” market . But we’ve also got BiggerPockets royalty, Anson Young , to give his take on where the significantly more expensive Denver market is headed. Both agents review what buyers are looking for , what’s selling , whether the buyer or seller has control, and the strategies smart investors use to cash flow even in an impossible housing market. In This Episode We Cover: Why we may be back to a seller's market and which properties are getting bid up The one strategy you can use in 2023 to create cash flow (it’s much easier than you think) Seller concessions and why new developments are making BIG price cuts Doubling your cash flow almost overnight by changing one part of your lease The one thing that could trigger a wave of buyers to come back to the market And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram James' BiggerPockets Profile James' Instagram Book Mentioned in the Show: Finding and Funding Great Deals by Anson Young Connect with Anson & Ryan: Anson's BiggerPockets Profile Anson's Instagram Ryan's BiggerPockets Profile Ryan's Instagram Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-136 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Aug 28, 2023

New real estate commission lawsuits could change home buying and selling as we know it. Long gone may be the days of buyers walking away paying zero commission and sellers having to bear the entire burden of a real estate transaction. Two new class action lawsuits against the National Association of REALTORS (NAR) could change how agents are paid and deals are done, but should investors even care? We brought in James Rodriguez , Senior Real Estate Reporter at Business Insider, to explain exactly what could happen to commissions , what this means for the future of buying and selling real estate, and whether or not the next agent extinction is on our hands. With over $40 billion in damages from these combined lawsuits, real estate agents may wake up to an entirely new housing market where their services are rarely needed. But who’s forging this fight against real estate agents, and why are they pushing for a “decoupling” of commissions ? And, if you’re a full-time agent, should you be concerned about where your next paycheck could come from, or is this merely a hollow case with no REAL threat to hard-working agents and realtors ? Stick around; we’ll get into who should (and shouldn’t) be worried. In This Episode We Cover: The multi-billion dollar NAR lawsuits explained and why commissions could be “decoupled” A BIG threat to buyer’s agents and what happens when their services are no longer needed Whether or not using an agent is worth it , and why most investors will STILL rely on realtors and agents The potential of an MLS (multiple listing service) overhaul and combining all local listings into one Paying agents per hour and the future of real estate commissions And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Understanding Real Estate Commissions (And How to Negotiate Them!) The multibillion-dollar lawsuits that could radically reshape how we buy and sell homes forever Connect with James: James' Profile - Insider James' Twitter Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-135 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Aug 25, 2023

Holding on to hope that mortgage rates could hit four or even three percent again? Unfortunately, that doesn’t look likely , at least to Liz Ann Sonders , Chief Investment Strategist at Charles Schwab. While Liz spends most of her waking hours thinking about the stock market, she always has her finger on the overall economic pulse . Whether it be bond yields , mortgage rates , economic cycles , or banking crises , Liz Ann needs to know market moves in order to manage Charles Schwab’s $8 TRILLION in assets. For most heavy real estate investors, the stock market is confusing at best and a game of chance at worst, but NOT knowing what’s happening in one of the largest investment markets in the world could be to your detriment. Since the stock market moves quicker and reacts to economic data at almost instant speed, real estate investors can get ahead by popping out of the property market we’re so preoccupied with. In today’s episode, Liz Ann not only touches on the state of the stock market but why so many investors are acting out of pure emotion (and not logic), the effect rising bond yields will have on mortgage rates , why savvy investors refuse to “ fight the fed ,” and the “ rolling recession ” that could explain 2023’s constant economic hills and valleys. In This Episode We Cover: The “rolling recession” and why its economic effects won’t hit us all at once Why mortgage rates won’t go back to 2021 levels EVEN when bond yields fall The psychology of emotional investing and why most investors are forfeiting data when making decisions New “bullish” signs from stock investors and what they’re investing in Why waiting for a recession to invest could be a MASSIVE financial mistake And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram The Fed Just Got One More Reason to Hike Mortgage Rates Is Now the Best Time to Get Into the Stock Market? Connect with Liz: Liz on Charles Schwab Liz's Twitter/X Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-134 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Aug 21, 2023

Housing affordability has reached lows that most Americans never knew existed . After home prices had an unprecedented multi-year run-up and mortgage rates got hiked, the average home buyer was out of luck. They couldn’t afford a house , and even if they could, the chances of getting one were slim to none when no inventory existed. Many now hold on to a hope that affordability could be around the corner, but this isn’t looking likely , at least not according to the most accurate forecasters in the country . Doug Duncan , SVP and Chief Economist at Fannie Mae doesn’t just do the standard housing market forecast models. His team at Fannie Mae has come up with the most accurate predictions of the housing market to date through a combination of judgment, market sentiment, and math. Today, Doug is on the show to give his data-backed take on home prices, mortgage rates, and the affordability crisis. There is some good news for homeowners and not-so-good news for home buyers, but Doug brings some solid advice for those still struggling to buy a home, plus a forecast of when things could finally turn around . If you want to know whether a recession is still in the cards, what home prices will do, and when affordability will reach equilibrium, tune in! In This Episode We Cover: A 2024 home price forecast that most didn’t think was possible Housing affordability and why we may not see relief for YEARS to come Recession watch and whether or not we’re in the economic clear Data modeling and why you CAN’T just rely on the math for your housing market predictions Advice to first-time home buyers and what you MUST have before you try to buy And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Grab Fannie Mae’s Forecast Housing Market Affordability Has Crossed a Concerning Threshold in the U.S Connect with Doug: Fannie Mae Doug's LinkedIn Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-133 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Aug 18, 2023

The housing market “recession” is…over? At least, that’s what some economists think. But it doesn’t feel so stable for the rest of us real estate investors. Home prices are still dropping in some markets, teetering on stability in others, and hot as ever in growing areas. With mortgage rates rising and the Fed staying true to its word , how can we be so sure that home prices won’t begin to fall across the nation? We’re back with another headline show where Dave Meyer, James Dainard, Jamil Damji, Kathy Fettke, and “the only investor in Arkansas,” Henry Washington, give their take on some of the hottest housing market stories of late. We talk about the NAR ( National Association of REALTORS) declaring the “housing recession” to be (potentially) over , why banks are tightening credit and denying loans more than ever before (and how to still get funding), why lowball buyers are actually in the right, and the cities across the US most poised for growth . With offers becoming harder and harder to get accepted , interest rates rising, lending on lockdown, and sellers still living in 2022, you MUST invest smarter to build wealth in today’s market. Thankfully, all our guests are doing just that and dropping some gems on beating the regular buyers by being smarter, faster, and picking up deals for less! In This Episode We Cover: The “housing recession ” and why some economists think it may be over Why investor buying activity remains high EVEN with rising mortgage rates The commercial credit crunch and why banks are refusing to lend on specific assets Five reasons you’re getting lowball offers and why buyers NEED to stay reasonable The US cities most poised for growth and Henry’s secret city to invest in (it’s NOT in NW Arkansas!?) And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram Jamil's BiggerPockets Profile Jamil's Instagram Kathy's BiggerPockets Profile Kathy's Instagram James' BiggerPockets Profile James' Instagram Hear Our Episode with J Scott and Scott Trench Housing Recession Credit Tightening Lowball Offers Growing Cities Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-132 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Aug 14, 2023

Home prices were supposed to crash …right? Not quite. If you were hoping to snag a steal of a deal on your first home, we’ve got some bad news. But, if you’re a homeowner or investor who was crossing their fingers that their equity would stay stable, things are looking good! As the housing market begins to “adjust” back to normal , investors are asking themselves, “ What happens next? ” We brought repeat guest and fan-favorite Rick Sharga , founder of CJ Patrick Company and former EVP of Market Intelligence at ATTOM, back on the show to share the findings of his most recent investor survey . Rick and his company have been tracking the sentiment of small retail investors —a dataset we rarely get to hear about—and he has some news to share. Investors are thinking about the housing market differently than most would assume. With high mortgage rates and financing fatigue, rental property investors and active house flippers have the same thought: things could get better soon . But what could change? Will inventory ever rebound? And what could cause another hot housing market? All that, and more, in this episode! In This Episode We Cover: The one investment strategy that has been dramatically declining (and why it may have a comeback) Home prices and whether or not we’ve bottomed out already What small retail investors think will happen next in the housing market The #1 challenge investors are facing today (and when this could improve) An “inflection point” for real estate and whether competition will heat back up Fixing the inventory problem and how long it will take to return to “normal” levels Declining and rising real estate markets that Americans are moving away from/to And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram On The Market Podcast 17 On The Market Podcast 66 BiggerPockets Real Estate Podcast 604 Investor Sentiment Survey Connect with Rick: Rick’s LinkedIn Rick’s Twitter Rick's Website Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-131 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Aug 11, 2023

Looking for a high- cash-flow real estate market ? Well, you’ll need low home prices to make that happen. With mortgage rates still at multi-decade highs and affordability at forty-year lows, there isn’t much cash flow to around…unless you’re investing in one of these markets. And while “cheap” rarely means “good,” there are a few housing markets on this list that investors can feel safe parking their money in. Unless you have a million dollars in the bank or already own a portfolio of beachfront homes in Hawaii, you’re probably looking for the best market to stretch your investing dollars . Thankfully, we’ve got just that as the On the Market panel covers the ten most affordable housing markets in the United States . We’ll get into the nitty-gritty of the top four and highlight which we’d invest in and steer clear from. Some of these markets have huge manufacturing entering the area , prompting massive job growth that could surge home prices . But, with most unaware of this type of economic movement, investors like you can take advantage by getting into these affordable markets before they become boomtowns! In This Episode We Cover: The ten most affordable real estate markets across the country (and which we’d invest in ) Two markets that are about to experience massive job growth but STILL offer low prices Cash flow vs. appreciation and which market to invest in if you want LONG-term wealth Entering the “investor’s market” and why real estate investors have the upper hand in 2023 How to vet a rental property market and the metrics you MUST pay attention to before you buy And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram Jamil's BiggerPockets Profile Jamil's Instagram Kathy's BiggerPockets Profile Kathy's Instagram 10 Most Affordable Markets List 2022’s Most Affordable Housing Markets Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-130 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Aug 7, 2023

The housing market has dealt a tough hand to real estate investors as of late. Prices are staying the same, but mortgage rates are rising , rents have peaked, and so-called “easy” investments have been increasingly difficult to manage. The “lazy” investors who bought simple short-term rentals are now sitting with empty units, and BRRRRers that never adjusted their strategy are stuck with standard houses producing bleak returns . What’s the right move to make when investing is harder than ever before? We wanted to know what’s REALLY happening in the housing market. So we brought on short-term rental expert Avery Carl , father of the BRRRR method David Greene , and luxury flipper James Dainard , to get their opinions on what’s working, what isn’t, and what investors should do now. Surprisingly, all these experts agree that ONE type of investing is the best way to go , and it’s such an obvious choice that you may miss it. But, before this real estate investing strategy smackdown begins, we’ll get to know the current states of short-term rentals, flipping, and BRRRRing , plus which strategies are making money and which are falling flat. This is a new housing market; if you want to make it, you can’t play by the same rules. In This Episode We Cover: The ONE investing strategy ANY investor can use to make more money in 2023 The short-term rental slowdown and why basic hosts are in trouble Flipping houses and the almost unbelievable returns you could be making in today’s market Why “lazy” investors are about to get crushed (and what they can do about it) BRRRR blunders and why this strategy may have to be put on ice until rates drop Avoiding the “ turnkey trap” that’ll tie you to a boring house, making bleak returns And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram James' BiggerPockets Profile James' Instagram Book Mentioned in the Show BRRRR by David Greene The Book on Flipping Houses by J Scott Short-Term Rental, Long-Term Wealth by Avery Carl Connect with Dave and Avery: Avery's BiggerPockets Profile Avery's Instagram Avery's Website David's BiggerPockets Profile David's Instagram David's Website Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-129 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Aug 4, 2023

Real estate investing advice is everywhere , especially from people who don’t invest. You’ve seen the financial influencers screaming, “Don’t buy!” or “Wait for the crash!” often while doing a little dance or pointing to some cherry-picked statistics . While this amateur advice rarely gets considered by investing experts, those who are just getting started are susceptible to following this dumpster fire of investing guidance and will end up losing money as a result. But don’t worry; we’ve brought the antidote to this horrible advice. We got the entire On the Market panel together to give their favorite pieces of lousy investing advice and what to do instead so you can ACTUALLY build wealth . From waiting for the crash to only buying foreclosures to purchasing a property way over your budget, this real estate investing advice is some of the worst, if not most hilarious, we’ve seen in a long time. And with the economy on the edge of a recession, now is NOT the time to take money tips from twenty-two-year-olds on the internet. For every piece of bad advice we get, we’ll give you our personal, time-tested advice on what we’d do in today’s housing market. Some of this expert advice may shock you since it goes against what everyday investors have been told. But, if you follow it, you could be building wealth like our multi-millionaire guests! In This Episode We Cover: The one “risky” real estate strategy that has made our guests millions Who should (and definitely shouldn’t) become a real estate agent “ Buying the dip ” and why getting in at the bottom isn’t always a bright idea Discounted deals vs. buying at retail value and which markets require which strategy The dangerous bet you’re making when buying during high mortgage rates Investing in new construction homes and the one scenario where you MUST avoid doing so And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram James' BiggerPockets Profile James' Instagram Henry's BiggerPockets Profile Henry's Instagram Jamil's BiggerPockets Profile Jamil's Instagram Kathy's BiggerPockets Profile Kathy's Instagram Book Mentioned in the Show How to Wholesale Real Estate by Jamil Damji Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-128 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Aug 2, 2023

Could mortgage rates fall in 2024? And if so, how low will they go? What happens if home prices rise; could the Fed make things even harder for buyers? And what’s the one thing that could cause sellers to hike prices again? We have good news for you if you’ve been noodling on these unanswered questions. Dave Meyer is here to quench your thirst for data with this month’s AMA (ask me anything)! If you want to unlock this FULL episode, ad-free podcasts, and unlimited BiggerPockets audiobooks, click here to sign up for the BiggerPockets Playlist Membership . For only $100/year , you’ll get access to all that AND time-sensitive investing episodes like this that will help YOU make better investing decisions. Sign up today to hear Dave’s take on: When mortgage rates will fall and how low they’ll go The Fed’s next moves and what they’ll do if home prices rise Home price predictions and why deals could get even harder to find What to do TODAY if you’re starting from zero How to invest your first $25,000 and the EASIEST way to get into real estate Whether or not the short-term rental market will recover Whether a hot dog is or is not a sandwich, and why this American classic breaks the rules of handheld food And So Much More! Check the full episode here: https://biggerpockets.com/playlist Learn more about your ad choices. Visit megaphone.fm/adchoices

Jul 31, 2023

Real estate agents had it made over the past two years. When mortgage rates were low , buyers lined up to make bids, sellers were ready to upgrade, and properties were flying off the shelves. For almost any agent in any market, business was booming, and it seemed like it wouldn’t ever stop. Then mortgage rates began to rise, monthly payments became dangerously unaffordable, and the agents looking for easy commissions disappeared . But what if an industry expert told you there was still hope to help buy and sell homes? Nick Bailey , President and CEO at RE/MAX , has been in the real estate business since he was a teenager. After buying the building his local pizza shop operated in , Nick went on to house hack in college , building an impressive career at not only RE/MAX but Century 21 and Zillow . He understands the agent business better than anyone and wants YOU to know the secrets to success . In today’s episode, Nick touches on the shocking statistic that most real estate agents fail, why average agents are struggling in today’s market, how homebuyers can get around today’s high fixed interest rates , and the one thing you NEED if you want to take home consistent commission checks. In This Episode We Cover: Fixed-rate vs. adjustable-rate mortgages and new loan products that put buyers in a better position Market trends and why fix and flippers are becoming (temporary) rental property owners Why most real estate agents fail (and the steps to success that top agents follow) How to find a great agent , whether you’re a first-time home buyer or investor Niching down and why modern agents will FAIL if they can’t find their focus Why agents MUST do more than sell real estate to build wealth And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram James' BiggerPockets Profile James' Instagram Books Mentioned in the Show The Agent's Edge by Jordan Cohen Connect with Nick: Nick's LinkedIn Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-127 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jul 28, 2023

Need housing market predictions ? We’ve got them. Unfortunately, they may not be exactly what you want to hear. While most landlords hope and pray that mortgage rates will head down and the housing market will finally open back up, reality paints a much different picture. With inflation still high and the Fed refusing to budge on rates, we could be in for a wild ride over the next six months. So, what will unfold before the clock strikes midnight at the end of 2023? Stick around and find out! We brought in the heavy hitters for today’s episode. J Scott , syndicator and author of numerous best-selling real estate books , but most importantly Real Estate by the Numbers , brings his stoic and scarily accurate take to the podcast. But that’s not all. BiggerPockets CEO Scott Trench joins us to give his investor, executive, and homeowner opinion on what’s happening in the housing market. Of course, Kathy Fettke , multi-decade investor and syndication expert , brings her unique view from booming markets. We’ll go over the housing market , inflation , interest rates , unemployment , and the overall state of the economy in this show. From explaining why the Fed will either drop or raise rates this year to examining the impact of a potential recession , then discussing the somewhat cherry-picked stats chosen by the Fed , this episode goes MUCH deeper than real estate, and you could get caught off guard this year if you don’t know what’s coming. In This Episode We Cover: 2023 housing market predictions and why “ things are going to be messed up ” for years to come Why mortgage rates could fall (or rise) and what could cause the Fed to move Unemployment stats and why the “gig economy” could be in danger False inflation numbers and what will force inflation to drop, then spike , this fall The commercial real estate crash and why multifamily investors could see a profitless next few years And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Kathy's BiggerPockets Profile Kathy's Instagram Hear Our Interview with Fed Expert, Nick Timiraos Books Mentioned in the Show Real Estate by the Numbers by J Scott and Dave Meyer Connect with J: J's BiggerPockets Profile Everywhere Else Connect with Scott: Scott's BiggerPockets Profile Scott's Instagram Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-126 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jul 24, 2023

Buying a home might not be the best idea in 2023 . You’ll have to go through a few challenges to get one under contract. First, find a homeowner who wants to sell their home; you’ll need to convince them that ditching their low rate is worth the price. Then, secure funding; but with even the best home buyer loan, you’ll probably be stuck with a seven percent rate . Wouldn’t it be easier just to rent and invest the rest of your money? According to Daryl Fairweather , Ph.D., Chief Economist at Redfin, that’s precisely what you should do. New data has shown that with home affordability at historic lows, now isn’t the best time to buy a primary residence. But where would you find the inventory even if you wanted to buy? “Locked-in” homeowners are refusing to part ways with their properties, and nobody can blame them. But, there are still a few metro areas worth buying in, and if you live in, or are moving to, one of these areas, you could be in luck. But Daryl doesn’t just explain the buying vs. renting debate. She also talks about buyer demand and its recent drop-off, mortgage rate predictions and what we can expect rates to get down to , risky real estate markets facing natural disasters , and news for real estate agents that could change how commissions are paid and collected. In This Episode We Cover Renting vs. buying and which is a better bet in 2023 Affordability, buyer demand, and why renting may be the only option for many Mortgage rate predictions and how low rates could go in the near future Insurance headaches from California and Florida and why insurers AREN’T signing new policies Migration patterns and where Americans are moving as home prices remain high New real estate agent commission news that could change who pays an agent for buying or selling a property And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Get Access to Unlimited BiggerPockets Audiobooks and Ad-Free Podcast Episodes Renting vs. Buying a House: Which Makes More Sense Connect with Daryl Daryl Instagram Daryl LinkedIn Daryl Twitter Redfin News Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-125 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jul 21, 2023

Thought we were done with mortgage rate hikes ? Not so fast. The Fed always has time to get mad about something else and push interest rates even higher. This time, a surprise job report makes the Fed furious and could lead to a much more difficult housing market for investors and homebuyers. But this news isn’t all we’ve got on this episode. We’re touching on some of the biggest stories across the housing market, summing them up, and sharing them with you so you can bob and weave with the ever-changing economy. Want to invest in real estate with just a thousand bucks? If so, you’re NOT in luck because one prominent real estate crowdfunding platform has just gone bankrupt . But don’t worry; it’s not all doom and gloom. The new jobs report is painting a stellar economic picture but could lead to you having a more expensive loan. And for those that own short-term rentals, one housing market forecaster is predicting a mass sell-off due to Airbnb host income declining . Finally, we’ll talk about home prices , whether they’re actually falling or not, and how home buyers are STILL bidding even during some of the lowest affordability we’ve ever seen. Keep your pulse on the property market; tune into this week’s real estate roundup! In This Episode We Cover Short-term rental stagnation and why hosts are seeing income dwindle Whether or not a massive vacation home sell-off could come to the housing market Mortgage rate hikes , new job numbers, and why the Fed is furious again PeerStreet’s recent bankruptcy and what this means for crowdfunding investors The half-truth of home prices “falling” and why some markets are still seeing bidding wars And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Kathy's BiggerPockets Profile Kathy's Instagram James' BiggerPockets Profile James' Instagram Henry's BiggerPockets Profile Henry's Instagram Federal Student Loan Forgiveness Update: What Happens Now? Airbnb Income Home Prices PeerStreet Goes Bankrupt Rate Hikes and Jobs Click here to listen to the full episode: https://www.biggerpockets.com/blog/on-the-market-124 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jul 17, 2023

Need rental property financing ? What about an investor loan that won’t stop your cash flow? It’s tough in 2023. With high mortgage rates and many veteran investors predicting a commercial crash , finding funding for your deal might seem impossible; but you’re probably looking for loans in the wrong place . Novice investors run off to the same lender that helped them get their primary home loan, while experienced investors know of loan products that most couldn’t even dream of. To help get you a better mortgage, at a better rate , with less financing fatigue, is Caeli Ridge from Ridge Lending Group and Tim Herriage from RCN Capital, two of the most prominent investor lenders in the nation . Caeli and Tim know which loans work best for which investor, property, strategy, and price point. In this episode, they’ll review loan products that could help you score better deals with fewer headaches, explain why today’s high interest rates won’t last, and uncover the REAL reason investors are giving up their low mortgage rates for more expensive mortgages. Caeli also goes in-depth on a new type of HELOC /home loan with lower interest costs that could benefit you IMMENSELY over the life of your loan. Tim also shares why he believes there WON’T be a commercial real estate crash and how financing investment properties could get even easier. If you’re waiting to invest or want some signal that lower mortgage rates are returning , this episode is for you! In This Episode We Cover Investor-only loans that’ll help you build a real estate portfolio faster Mortgage rate predictions and why top lenders don’t think high rates will last Portfolio loans, blanket loans, and DSCR (debt service coverage ratio) loans explained A new type of HELOC that leaves you with a lower interest rate The commercial real estate “crash” and why top lenders DON’T think it’ll happen Where to find the perfect investor-friendly lender for your next property And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Kathy's BiggerPockets Profile Kathy's Instagram Connect with Caeli and Ridge Lending: Ridge Lending Website Ridge Lending Email Phone: Call 855-74-RIDGE Connect with Tim and RCN Capital: Tim's BiggerPockets Profile Tim's Socials RCN Socials RCN Capital Website Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-123 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jul 14, 2023

One real estate market is ready to explode , haunted houses and “ dark tourism ” become all the rage, tiny homes are the new affordable housing , and multifamily investors find colossal cash flow with homeless housing . It’s halfway through 2023, and no real estate investing opportunity can be taken for granted. Long gone are the times of buying any house and counting on cash flow to come through every month. If you want to know the REAL ways to make money in real estate , this is the episode for you! We’re back with the full On the Market podcast panel, as Henry , James , Jamil , and Kathy bring in news stories affecting real estate investors nationwide. First, Henry talks about a “micro-home” community of tiny houses helping home buyers lock in a mortgage for almost half the average cost. Then, James touches on California’s consistent struggle with homelessness and how multifamily investors can profit by building safe spaces for those that need a helping hand. Kathy brings the inside scoop on a new resort development that could shoot one city’s home prices through the roof . Finally, Jamil makes us all feel slightly uncomfortable by mentioning “dark tourism” and how buying haunted houses could give you a huge ROI as tourists beg to be terrified. If you want to know about all the unconventional yet high-profit housing market opportunities, stick around! In This Episode We Cover The rise of haunted house investments and the surprising profits of “dark tourism” Tiny houses, “micro-homes,” and other affordable housing options home buyers are looking for How to get paid by providing housing to the homeless IF you own this type of rental The new resort development that could cause home prices to explode in this ski town Why the government WANTS investors to turn vacant land into low-income housing And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Kathy's BiggerPockets Profile Kathy's Instagram Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram Jamil's BiggerPockets Profile Jamil's Instagram Tiny Homes, Huge Profits: $6,000 a Month from 1 Property! 5 Tips for Owning Low-Income Rentals Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-122 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jul 10, 2023

The Federal Reserve could be steering us straight into the next great recession . After decades of monetary and fiscal debacles from quantitative easing to safeguarding big banks that hurt everyday Americans, it seems almost everyone wants the Fed to be taken apart and rebuilt or shipped away, never to have economic sway again. Grave mistakes have been made over the past two decades, many of which will have unfathomable consequences for today’s economy . So, can the Fed do ANYTHING to save us? Enough with the speculating. We brought former Advisor to The Federal Reserve Bank of Dallas , Danielle DiMartino Booth , to tell us what happens behind closed doors. Danielle was there at the beginning of quantitative easing, fighting back against a program she knew would lead to a weak economy. Now, as Danielle puts it, “everything has come home to roost,” as quick decisions made in the last financial crisis put us in a massive economic bind. This is NOT good news for real estate investors ; those buying today could be in serious trouble in years to come. Throughout today’s episode, Danielle gives us her take on how the Fed could fix itself , current actions Jerome Powell , Chair of the Fed, has put into place to correct the course we’re on, and whether or not a “ soft landing ” is possible as the American economy heads into a recession . Finally, Danielle gives her advice on what real estate investors should do and why those exiting the market might be smarter than the rest of us. In This Episode We Cover Massive mistakes the Fed made during the Global Financial Crisis that we’re paying for today Quantitative easing explained and why “ money printing ” is so dangerous to the economy The “dual mandate” that’s making the Fed’s job almost impossible to achieve Recession predictions and whether we’ll face a soft landing or hard crash Why smart real estate investors are hoarding cash and refusing to buy False job data and why the unemployment rate is about to get even worse And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Kathy's BiggerPockets Profile Kathy's Instagram Book Mentioned in the Show: Fed Up by Danielle DiMartino Booth Connect with Danielle: Danielle's Substack Danielle's Twitter Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-121 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jul 7, 2023

We’re here with a HUGE student loan forgiveness update . Since President Biden was elected, those with student loans have been hoping and praying to have a sizable chunk of their debt wiped away. Tens of millions of borrowers would have been impacted , helping free up cash for those that need it most. But, on the other hand, taxpayers were staring at a $400B bill to forgive just a fraction of the student loan debt in America. The economic implications of student debt relief passing would have been huge, but a more significant economic impact could continue for borrowers. We’ve brought back Sarah Ewall-Wice , Political and Economics Reporter at CBS News, to give us a full student loan forgiveness update, break down what exactly happened in the Supreme Court , and what we must prepare for now that student debt relief is off the table. But, if you were banking on your loans being forgiven, fret not; a new plan may already be underway to give those with student debt another chance at redemption . Sarah walks through the legal battle the Biden Administration brought forth to get debt relief passed , what will happen to graduates now that the bill has come due, and whether or not defaults could increase across the board as a result. Dave and Sarah will also debate why a solution to rising college costs hasn’t been conceived and what you should do NOW if you have student loan debt. In This Episode We Cover A federal student loan forgiveness update and what will happen next Why the Supreme Court decided to axe the debt relief plan (it’s not what you think) Resuming student debt payments and what graduates need to do NOW Whether or not defaults across credit cards and mortgage payments could increase as a result The true cost of college and why unaffordable education MUST be tackled And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Hear Our Past Interview with Sarah on US Debt Connect with Sarah: CBS News Sarah's Instagram Sarah's Twitter Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-120 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jul 3, 2023

Artificial intelligence (AI) like ChatGPT might not be great at writing podcast intros, but when it comes to building a rental property or real estate portfolio , these platforms produce far more help than harm. While most of the general public uses AI to write poems about their dog or history papers for class, real estate investors are harnessing this technological power to buy more properties , outsource simple tasks, and reach sellers faster than ever. Want to do the same? You’ll have to stick around! For years, our panel of real estate experts have been using AI, automated apps, and software to grow their portfolios to new heights . And, even if you don’t own thousands of rentals or do hundreds of fix and flips a year (like James), you too can use this real estate tech to make your life easier, spend less time working , and focus more on what your business needs from YOU. In this episode, Dave , James , Jamil , and Kathy will go over exactly how they’re using AI platforms such as ChatGPT , the systems and software they’ve implemented into their own businesses, whether or not more automation could threaten jobs , and how you, even as a small investor, can leverage the same tech top investors use to build wealth faster! In This Episode We Cover Why ChatGPT may be good at everything but writing podcast intros Using AI platforms to create job descriptions, outreach to sellers , and take menial tasks off your plate Whether or not AI has the potential to kill jobs in the real estate sector The “job evolution” that is waiting for those who can embrace new technology The EXACT software, systems, and apps we’re using to grow our real estate portfolios And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram Jamil's BiggerPockets Profile Jamil's Instagram Kathy's BiggerPockets Profile Kathy's Instagram Basecamp ChatGPT Follow Up Boss Infusionsoft (Keap) Monday.com Ninety.io Salesforce Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-119 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jun 30, 2023

The next foreclosure wave is already brewing. Over the past few years, monetary moves and rash home buying decisions were made that could cause even more foreclosures to hit the market. The question is, which markets will face the most foreclosures , and how low will prices go? But that’s not all; foreclosure competition has started to spike as a new type of buyer enters the market for these deeply discounted properties. And if you want to know about foreclosures, discounted properties, and data on the markets with the biggest price cuts, Daren Blomquist from Auction.com is your man. As VP of Market Economics, Daren knows where the foreclosure market is moving before the masses do. In this episode, he gives his take on the next “wave” of foreclosures that could be headed our way, when it will hit , and the investing areas already feeling the effects. Daren also talks about the unexpected buyers entering the foreclosure market and how they could put investors at the back of the line for discounted deals. And if you’re in this specific state, prepare for your properties to be placed at open auction, as investors are forced to wait to acquire the foreclosure properties they rightfully won. Make no mistake; there are MANY deals out there for investors , but competition could start to heat up fast! In This Episode We Cover The “ seeds of a bigger foreclosure wave ” that are about to sprout Buyers bounce back and why the housing market and home prices have been so resilient A rise in foreclosures and what’s causing a steady uptick in homeowners forfeiting their houses New foreclosure laws that could make it even harder for investors to buy discounted properties Markets facing the deepest foreclosure price cuts Recession predictions and whether or not this will force even more foreclosures And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram The Biggest Real Estate Tax Loophole You’ve (Probably) Never Heard Of How Much Investment Diversification Is Right for You? Hear Our Previous Interview with Daren Connect with Daren: Auction.com News Daren's LinkedIn Daren's Twitter Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-118 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jun 26, 2023

Looking for housing markets with population growth, new jobs, rising home prices , and unlimited profit potential? If so, you’re in luck! In this episode, we’ll reveal four of our favorite “comeback” housing markets primed to explode over the next few years. Thanks to the recent housing correction pushing home prices lower, some top investing areas are sitting on suppressed prices that might not last long. So, what are our top markets? First, we head down south to talk about an explosive city that tanked in property pricing but now looks like a strong buy. Then, we’ll head to the Silicon Slopes to break down why this new tech hub (and ski city) boasts some surprising metrics that could mean more money for rental property investors. From there, we’ll enter into the dense forest and fog of an iconic city that isn’t even close to past its prime . Finally, we’ll finish with a nugget of wisdom from Dave on why this “fast food city” might be worth more than its munchies. So, if you’ve been preparing for your next out-of-state investment or are just looking for a market that’ll bring you long-term growth, tune in to hear where our experts are planning their property purchases ! In This Episode We Cover The four most promising comeback housing markets of 2023 Market metrics you should look for when analyzing a real estate investing area Tech’s potential hiring boost and why public layoffs won’t last forever The surprisingly strong city that is seeing rock-bottom days on market and bidding wars Following big businesses and why you should look for job growth BEFORE you invest And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram Kathy's BiggerPockets Profile Kathy's Instagram What An Analysis Of 295 Housing Markets Told Me About The National Market The 8 Worst and Best Housing Markets in The US (2023 Edition) Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-117 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jun 23, 2023

Asset allocation is arguably the most crucial step in building wealth . While most people think just buying rentals is enough, having the money set aside to protect those rentals, and subsidize your business during rough markets , can make or break your real estate portfolio . In the last crash, those entirely in real estate saw their wealth dwindle to nothing while diversified investors held strong, scooping up deals at a steep discount, making millions in the coming decade. Now, with many investors fearful that we’re on the edge of another crash , James Dainard and Kathy Fettke have stepped in to give advice only multi-decade millionaires know of. Dave, James, and Kathy will be breaking down their exact investment portfolios , walking through what they own, what they don’t, and how they structured their wealth to stay safe without stagnating. They’ll also share their advice on what to invest in TODAY , how to diversify your portfolio so you don’t get liquidated in the next crash, what they’d buy with $100,000, and “risk-free” investments like bonds still boasting favorable returns. Whether you’re just starting to invest or are looking to optimize your passive income, this episode is for you! In This Episode We Cover Asset allocation 101 and why it is SO crucial to building (and keeping) wealth Revealing our multimillion-dollar investment portfolios and how we designate our dollars Kathy’s short-term rental bet and house hacking EVEN while you’re financially free Geographic diversification vs. asset diversification and whether the market or asset matters more Protecting yourself during a real estate crash and what James wishes he did last time Bonds and “risk-free” investments that could give you a stress-free return And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram James' Instagram James' BiggerPockets Profile Kathy's BiggerPockets Profile Kathy's Instagram The Biggest Real Estate Tax Loophole You’ve (Probably) Never Heard Of How Much Investment Diversification Is Right for You? Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-116 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jun 19, 2023

Home prices could become affordable without any of us noticing. In fact, home prices don’t even have to fall for the housing market to enter into a mild correction . With affordability hitting lows that we haven’t seen since the seventies and eighties, what could save today’s home buyers from paying for one of the most expensive mortgage payments of all time? Something must be done. And thankfully, it might already be happening. If you want to know the truth behind silent housing corrections , market-abandoning buyers, and where we could be headed , you better ask Andy Walden from Black Knight. We brought Andy on the show to talk about everything from mortgage rates to unaffordability , delinquencies , foreclosure fears, and what can be done to help our home buyers. Andy spends all day, every day, playing with some of the most vital proprietary property data sets imaginable, and he has an answer to almost every question. In this episode, Andy speaks on the housing market correction that could happen without home prices falling, why more home buyers are leaving the market , how mortgage rates could fall without the Fed’s input, and what could cause delinquencies to finally rise. In This Episode We Cover The silent housing correction and what could cause affordability to rise Mortgage rate lock activity and why we’re hitting all-time lows for home buying Bond yields , mortgage spreads, and how rates could fall without the Fed intervening The housing inventory crisis that’s causing home prices to stagnate Delinquency forecasts and two big events that would put homeowners in a tight spot And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Grab the Latest Mortgage Monitor What Is a Housing Market Correction and How Does It Really Impact You? Connect with Andy: Work with Andy and His Team Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-115 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jun 16, 2023

Housing market forecasts , affordability false flags, forty-year mortgages , and a baby boomer shopping spree . Today, we’re touching on anything and everything affecting the housing market as the full On the Market panel joins Dave Meyer to answer YOUR most-asked questions . Dave has been collecting questions from viewers to have a rapid-fire question-answering round with some of today’s top real estate investing experts. If you want to know what will happen next in the housing market, tune in! We invited the whole crew to give their opinions on today’s investing market. We’ll talk about whether the real estate market’s “crash” is tied to stock performance, affordability and how ADUs (accessory dwelling units) may have shot home prices even higher, and the new forty-year mortgage and whether or not it’s a safe option for everyday home buyers. But, we’re also peaking into our crystal balls to give some BIG housing market predictions for the next few decades. Kathy talks about how average home prices could hit seven figures (seriously!) within our lifetime and why buying now may be your last chance to snag an “affordable” home. Then, to wrap things up, our expert guests share which asset class they’d invest in TODAY that could lead to a HUGE payoff in just a few years . The market is changing; stick around so you’re not left behind! In This Episode We Cover What we’d invest in TODAY that could see HUGE profits in the next few years Finding the housing market’s bottom and whether or not we’ve already hit it Housing affordability and why ADUs (accessory dwelling units) may have hurt home buyers A thirty-year real estate prediction and how high home prices could get The new forty-year mortgage , who’s applicable to get one, and affordable loan options Baby boomer buyers, rising birth rates , and demographic trends that could seriously affect the market Mortgage rates explained and why lenders won’t undercut their competition And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Jamil's BiggerPockets Profile Jamil's Instagram Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram Kathy's BiggerPockets Profile Kathy's Instagram Hear Our Interview with Chris Martenson Housing is Unaffordable, But Could It Actually Get Worse? Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-114 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jun 12, 2023

The housing market is stuck. Stubborn homeowners with low rates refuse to move , even as demand starts to pick back up. Homebuilders are driving ahead with more new construction homes, but is it too late to deliver the supply we so desperately needed only a year or two ago? Where is the housing market moving next, and how long will we be stuck in this standoff? Ivy Zelman from Zelman & Associates successfully predicted the last housing crash , so what does she have to say about today’s market? Ivy is a thought leader in the real estate research space. Her credibility has been showcased repeatedly as her team accurately forecasts numerous housing market moves . Constantly on the phone with institutional buyers and builders, Ivy tends to know what’s happening before even the top forecasters. In this episode, Ivy gives her opinion on today’s housing market , why buyers and sellers are “stuck,” and whether or not the “underbuilding” problem is even an issue as demographic trends start getting dangerous . She also shares which real estate markets are in the most danger , the concerning catastrophe facing many southern states, and the markets she’s most bullish on that could withstand the test of time. But, more importantly, Ivy shares her thoughts on whether or not real estate is still worth investing in and why it may be time for landlords to diversify into other assets that don’t come with such a considerable risk. In This Episode We Cover The single greatest danger affecting the housing market in 2023 The new vs. existing home challenge and why homeowners are stuck in place Affordable housing and why the “underbuilding problem” isn’t what you think it is “Tremendous” competition for rentals and which investors should be concerned Underrated housing markets that are seeing strong demand and demographic tailwinds 2008 vs. 2023 and whether another housing crash is even feasible in today’s market And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Jamil's BiggerPockets Profile Jamil's Instagram Hear Our Last Interview with Ivy Connect with Ivy: Ivy's Email Ivy's Website Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-113 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jun 9, 2023

Home sales have been falling fast since interest rates rose last year. After a spree of house shopping and record-low mortgage rates, homeowners sit comfortably in 2023. They’ve got affordable monthly payments, a home that is (probably) bigger or better than their last one, and expect a potential recession sometime soon. So why would today’s homeowners give up all that security to buy in a hazardous market ? Mark Fleming from First American has been trying to uncover the answer. Mark serves as Chief Economist for First American , one of the United State’s leading title companies. Mark’s job is to predict and forecast the housing market , home sales, and buyer activity. And in 2023’s topsy-turvy economy, this is becoming a little more difficult. Mark has built a model to help predict home sales , looking at key factors like household formation, affordability , current mortgage rates , demographics, and more. And he’s got some interesting findings to share. The days of low interest rates and property upgrading may be over . Homeowners are now staying in their houses for twice as long, holding off on buying their next home until favorable conditions arise. But, this creates a “prisoner’s dilemma” for home sellers and buyers. With most of the United State’s potential property inventory sitting in the hands of those who refuse to sell, we’re answering, “What happens next?” in this episode. In This Episode We Cover Home sales predictions and what happens when there is NO available inventory Loose monetary policy and how low interest rates caused an affordability spike Two critical factors that drive the market to soar or slump Home turnover and why today’s homeowner is “ locked-in ” and refusing to move The “prisoner’s dilemma” that’s caused the housing market to stagnate A return to the “new normal” and what future homebuying could look like And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Inventory Shortage Could Continue As Interest Rates Rise and Homeowners Feel “Locked-In” Connect with Mark: First American REconomy Podcast Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-112 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jun 7, 2023

Everyone wants to know how to get rich in a recession . The problem? With many asset prices plummeting and a bipolar real estate market , parking cash in any asset could be considered a risk. But, a particular sect of real estate still makes money even if the housing market starts to crash and home prices freefall. This is one of the lowest-risk ways to start investing , especially during a recession, and it made our expert guests, James Dainard and Jamil Damji , very wealthy. James and Jamil have been using this strategy since the early 2000s. When home prices started plummeting in 2008, buying rentals became risky, and fix and flips got decimated. Thankfully, this often misunderstood type of “investing” allowed them to capitalize on the price action , picking up deals that would make great buys and passing them along to buyers who could hold their own during the crash. This same strategy still makes them millions of dollars today, and you can start using it! In Jamil’s newest book , How to Wholesale Real Estate , you’ll learn how to build a scalable wholesale business without much cash, experience, or contacts . This is one of the BEST ways for new investors to get started and is a phenomenal source of supplemental income for investors and flippers who have too many deals on their desks. Think it’s too late to make money in an economy like this? Think again! In This Episode We Cover Jamil’s newest book, How to Wholesale Real Estate , and using it to get your first deal done Wholesaling explained and why “trading” real estate may be better than investing in it Recession-proof real estate investing and why wholesaling is one of the lowest-risk ways to start making money in real estate Million-dollar relationships and the people you MUST have in your circle to be successful Finding buyers and why investors don’t disappear even when home prices start to fall The housing markets that are on FIRE for wholesalers (and which are showing HUGE opportunity) And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram James' BiggerPockets Profile James' Instagram Jamil's BiggerPockets Profile Jamil's Instagram Book Mentioned in the Show: How to Wholesale Real Estate by Jamil Damji (use code “WHOLESALE110” to get 10% off) Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-111 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jun 5, 2023

The housing market REFUSES to slow down . Last year, homebuilders had a bleak outlook for 2023 home buying, but now, not even halfway through the year, they’ve reversed their sentiment with high hopes that demand stays red hot. How is this even happening? With mortgage rates higher than they’ve been in years and barely any inventory on the market, wouldn’t buyers take the hint and let their foot off the gas? We brought back John Burns from John Burns Research and Consulting to give us some answers. John’s team has some of the freshest housing market data available. With over 1,000 research contracts a year, they’re constantly talking to homebuilders, buyers, flippers, and everyone in the home-buying process. John touches on household formation and why millennials are saying “no” to roommates, even as prices rise. He’ll also talk about where Americans are moving , what’s causing construction costs to come down (but also grow?), and why the Fed is failing to kill the housing market . Also, if you want to give a hand to the generation helping young buyers the most, it seems that baby boomers are having an unexpectedly significant role in propping up the economy . We’ll also get into new affordable housing projects that could bring more starter homes on the market. Want to know John’s thoughts on what could happen in the housing market over the coming months? Stick around! In This Episode We Cover Why high mortgage rates HAVEN’T killed the housing market yet American migration and which states are starting to see stagnating populations Multifamily rent updates and why tenants may have the upper hand New builds , cheaper material costs, and why your next home may be a new construction INSANE debt-to-equity stats that highlight why homeowners refuse to sell New affordable housing projects that could give homebuyers better options And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram James' BiggerPockets Profile James' Instagram On the Market 31 with John Connect with John: John's Company LinkedIn John's Twitter John's Website Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-110 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Jun 2, 2023

There have been a lot of market crash predictions over the past few years. Since the 2020 flash crash and subsequent asset price skyrocketing , investors have always had an inkling that this wouldn’t last. Once inflation hit decade-long highs, the Fed stepped in to quell constant price pumping, but that came with even higher mortgage rates . Now, commercial real estate investors and everyone else with short-term financing are stuck in a bind. Once these loans come due, they’ll either have to pay them off, refinance, or face foreclosure. So, what happens next? While Dave Meyer and James Dainard are housing market experts, neither know macroeconomic data as well as Fundrise’s Ben Miller , whose job is to predict market patterns and make the best investing decisions. Last time we talked to Ben, he hit on the “Great Deleveraging ,” which would force a massive commercial real estate crash , but today he’s talking about bank failures , a financial collapse timeline, and what he’s buying as soon as the market drops. The wealthiest in America know that market crashes and financial collapses aren’t a time to worry; they’re a time to make millions ! Ben shares the markets with the most opportunity, how to pick up properties for dimes on the dollar , and why hoarding cash during a time like this isn’t such a bad idea. So don’t fear market downturns like this; take advantage of them! In This Episode We Cover The “Great Deleveraging” explained and why commercial real estate prices will fall fast Bank collapses and what happens when liquidity starts to run dry Quantitative easing and whether the Fed will continue to inject the market with money Assets to keep an eye on during the crash and what Ben is buying Loans, lending, and what investors can do when banks won’t fund their deals Market crash predictions and when Ben expects the situation to escalate And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram James' BiggerPockets Profile James' Instagram Post-Pandemic Boom Markets to Cool Off “Sharply” What High Mortgage Rates Did to The Housing Market Things are getting really weird in the housing market Deleveraging: The Dominoes are About to Fall Commercial Real Estate Could Crash, But Are Everyday Investors Impacted? The “Catalyst” That Could Cause The Economy to Fall Listen to “Onward, a Fundrise Production” Connect with Ben: Ben’s Twitter Ben’s LinkedIn Ben’s Email Ben’s BiggerPockets Profile Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-109 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

May 29, 2023

The real estate market was supposed to crash, but it didn’t. Interest rates were supposed to cause a significant slowdown, but they didn’t. Hot markets were supposed to give buyers a break as activity plummeted, but...well, you get the point. The 2023 housing market could be summed up in one word: weird. With the Federal Reserve fighting against the market, sellers refusing to move, and buyers still dealing with record-low inventory, many of us question whether or not we’re stuck in a real estate-inspired groundhog day, where 2021-2022 repeats until infinity. While this (probably) isn’t happening, the real estate market is showing signs of restarting after a mortgage-rate-caused flash correction. Lance Lambert knows about this all too well. He’s been reporting on the housing market for years and knows exactly why America’s property market has become so polarized, even with such immense downward pressure. With cities like Austin still in the slumps and markets like Miami hitting housing price peaks, where is a safe place to invest? If you want to get a macro sense of where we are in the economy, how the housing market works, and why the Fed is having such a hard time, this is the episode for you. Lance brings us back to 2020 and explains how the pandemic fueled “gigantic” demand that was never met, why a housing crash didn’t happen, and whether or not mortgage rates could go even higher. In This Episode We Cover The “polarized” housing market and which areas are staying red hot while others freeze The post-pandemic property market effects and how the housing market hurt inflation efforts from the Fed Mortgage rate predictions and what could cause rates to rise or fall this year East vs. West Coast and why cities like Seattle, San Francisco, and Los Angeles cooled off so quickly Affordability updates and why builders have the upper hand on the Fed The “Two C’s” that are controlling home prices and the housing market in 2023 And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram James' BiggerPockets Profile James' Instagram Henry's BiggerPockets Profile Henry's Instagram Kathy's BiggerPockets Profile Kathy's Instagram Hear Our Interview with Fortune’s Lance Lambert on the “Polarized” Housing Market The Top 10 Housing Markets Forecasted For Strong Demand This Decade Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-108 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

May 26, 2023

The US real estate market is a bit complex. In the South, homes are still quickly getting under contract as those from the North and West move to warmer climates. But demand is brewing in states that you probably haven’t even considered . Plus, a comeback no one expected could be on the horizon. In a market like 2023, anything and everything is up for grabs, and we could be back to the wild housing market we thought was left behind in 2022. To put each area of America head-to-head, we’ve got Dave Meyer , Henry Washington , James Dainard , and Kathy Fettke , representing the Northeast, South, West Coast, and Midwest, respectively. Each of these markets has its own set of benefits, ranging from affordability to strong job growth , optimal climates , and appreciation . So which area could be the best bet for investors in 2023? We’ll touch on the latest housing market data to see where each of these regions stand, where median home prices are heading, why often overlooked markets are finally getting the attention they deserve, and whether or not the West Coast truly is the best coast. If you want to invest but don’t know where, stick around! In This Episode We Cover Pitting the Northeast , South , West Coast , and Midwest markets against each other The surprising cities that are seeing HUGE competition even during a slow housing market Tertiary markets outside of big metros that could be solid investing areas A West Coast comeback and why demand is increasing in traditionally high-priced cities MASSIVE price jumps throughout the South (and the few cities where prices are falling fast) Affordable appreciation and why markets with low-priced homes won’t stay that way for long And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram James' BiggerPockets Profile James' Instagram Henry's BiggerPockets Profile Henry's Instagram Kathy's BiggerPockets Profile Kathy's Instagram Hear Our Interview with Fortune’s Lance Lambert on the “Polarized” Housing Market The Top 10 Housing Markets Forecasted For Strong Demand This Decade Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-107 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

May 22, 2023

Rising interest rates , a new recession , high unemployment , and much more economic uncertainty could be on the way. But what can you expect after such a turbulent past few years? The US took significant financial and monetary moves to prevent an economic collapse in 2020 , but as a result, mistakes were made. In 2023, we’re paying for the economic “errors” of our past, and many of them haven’t even caught up to us yet. Jason Furman, Harvard professor and former Director of the National Economic Council under President Obama , brings both optimism and realism to share. In Jason’s eyes, the “supply-based inflation” argument isn’t holding up, and something much more severe is causing prices to rise as rapidly as they are. So how do we get out of this bind? Jason shares the scenarios that would have to unfold for us not to end up in a recession or with higher interest rates , but reality foreshadows something much different. When will we break out of this constant cycle of price hikes? What has to happen for the Fed to finally take its foot off the gas? Will today’s strong employment last, or do jobs need to be cut for the economy to recover? Stick around to hear these questions, and many more, answered by one of the world’s leading economists. In This Episode We Cover 2023 economic forecasts from one of the world’s leading economists The true cause of today’s rampant inflation and what could finally force it to stop The “wage-price persistence” and why most people are wrong about price hikes Economic “errors” of 2020 and 2021 that we’ll be paying back for years to come Rising rates and whether or not the Fed is really done with bumping basis points Unemployment and how long today’s strong job market will actually last Consequences of the US defaulting on its debt and the scary-enough odds that it could happen And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Kathy's BiggerPockets Profile Kathy's Instagram “Catastrophic” Consequences of the US Defaulting on Its Debt The Fed Starts Playing “Mind Games” as Rates Rise, Home Prices Fall Connect with Jason: Jason's Twitter Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-106 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

May 19, 2023

The most significant wealth transfer in American history could be upon us. As money-printing mania continues worldwide, dollars (and most other currencies) are worth less and less, while tangible assets , like real estate, are worth more. This is bad news for the average American , with most of their wealth trapped in a bank account or stock portfolio. If the most commonly used assets, like bonds, equities, and cash, become worthless , what happens to America? To help answer this seemingly unfathomable question is Chris Martenson , CEO of Peak Prosperity. Chris spent his early career working for some of the largest corporations in America , but after bubbles started to burst in the early 2000s, he took a look into the inner workings of the American economy . What initially started as a simple interest became an all-consuming quest to understand why political executives and massive institutions like the Federal Reserve were making irrational choices for the American people. In today’s show, Chris uncovers the truth behind quantitative easing , money-printing, and the Fed’s consistent financial swerving. He’ll also explain why bubbles are starting to burst in today’s economy, how interest rates had a large part to play in inflation , the new reality of de-dollarization , and why we may be on the cusp of the largest wealth transfer in American history . If Chris is correct, we could enter an entirely new era of the economy, one that only a few of us will thrive in. In This Episode We Cover Money-printing and the true effects of the Fed’s massive quantitative easing Asset price bubbles and which are the closest to bursting in 2023 Interest rate hikes and how they’ve contributed to hideous inflation De-dollarization and how America’s wealth could be at risk if USD loses its global status Defaulting on the US debt and what happens if the government can’t pay its bills The new American wealth transfer and why only these “productive” assets will survive The most important “capital” anyone can have if/when the economy breaks down And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram James' BiggerPockets Profile James' Instagram Commercial Real Estate Could Crash, But Are Everyday Investors Impacted? The BIG Economic Implications of US Bank Failures Get Real Estate Market Insights from Cohen & Steers Connect with Richard: Richard's LinkedIn Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-105 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

May 15, 2023

Multifamily and commercial real estate has been the butt of the joke over the past year. As mortgage rates started to rise, commercial real estate investors were hit hard, as profits became pitiful and asking prices laughable . For months, the media has been predicting a commercial real estate crash , citing a wave of mortgages coming due with sellers who won’t be able to pay the high price of a refinance. And while these fundamentals aren’t wrong, a mortgage meltdown might not be a reality. So instead of speculating, we brought on Richard Hill , Head of Real Estate Strategy & Research at Cohen & Steers, to differentiate the facts from fiction. Richard knows that loans are coming due , and buyers with low-rate adjustable mortgages may be in trouble. But that’s not the whole story, and some parts of commercial real estate could be primed for massive growth that residential investors have no clue about. The opportunities could be flowing soon for those who know where to look. In this episode, Richard will talk about the true risk of commercial real estate mortgages , which sectors are in the most trouble, which are being blown out of proportion, and how much investors can expect prices to drop . Plus, Richard gives his take on the three best times to invest in a quickly changing market like we’re seeing today. In This Episode We Cover The commercial real estate “crash” and how far prices will actually fall Commercial debt coming due and which sectors have the highest risk Bank failures and what’s causing big banks to dump their commercial loans The future of financing for commercial investments and whether funding will become a challenge Mortgage exposure and why demanding LTV (loan-to-value) requirements make for better investments The astronomical tax implications of defaulting on your mortgage (DON’T Do this) When to buy and which industries are primed for growth in the next few years And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram James' BiggerPockets Profile James' Instagram Commercial Real Estate Could Crash, But Are Everyday Investors Impacted? The BIG Economic Implications of US Bank Failures Get Real Estate Market Insights from Cohen & Steers Links from the Show Richard's LinkedIn Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-104 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

May 12, 2023

Homebuyers are gearing up for a hot summer housing market as demand starts to surge. At the beginning of 2023, nobody thought it possible that we’d be in the position we’re in today. Days on market have shrunk in some areas as listing attendance explodes and buyers' home-owning dreams resurface. But it’s not all sunshine and rainbows in the world of real estate; something bleak is on the horizon for large-scale investors . We’re halfway through Q2 of 2023, and the real estate market is changing fast month by month. Multifamily buyers are sitting on the sidelines, foaming at the mouth to dig in on deals that will soon be dead , but primary residence shoppers are facing another challenge. With a lack of inventory and mortgage rates on the verge of falling again, the buyers who were kicked out of the market last year are hungry to get back in the game. Don’t know whether now is the right time to buy your next rental property ? Kathy and James give up-to-date advice on what they’re pursuing in today’s market and whether or not now is the time to get aggressive. If you want to get the data these (and many other) experts use to make their investment decisions, check out Dave’s newest Q2 housing market report ! In This Episode We Cover A Q1 housing market roundup and why the market flipped even with high mortgage rates New inflation data and why consumer prices aren’t dropping yet Whether or not another interest rate hike could hit homebuyers this year Housing demand and why sellers are seeing a BIG boost in buyer activity Our Q2 housing market predictions and what to do if you’re on the fence about investing The BEST online sources to pull housing data from, plus Dave’s newest Q2 housing market report And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram James' BiggerPockets Profile James' Instagram Kathy's BiggerPockets Profile Kathy's Instagram Grab the Q2 Report Past Episodes Mentioned in Today’s Show: Altos Research Rocket Mortgage Connect with Other Investors on the “On the Market” Forums Data Sources Mentioned: FRED Housing Wire Marcus and Millichap Redfin Data Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-103 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

May 8, 2023

Don’t you miss the “normal” housing market ? You know, a few years back when buyers didn’t have to bludgeon other bidders just to get into a reasonably priced house ? The times when the average American could afford a roof over their head, and sellers actually had a reason to put their homes on the market. Well, we may be returning to a “normal” housing market faster than you think , but a few key things will need to happen first. We’re back on On the Market , bringing you the most up-to-date housing market headlines , separating fact from fiction, and giving you everything you need to know to make the best investment decisions. This time, we’re running through four of the top stories in our newsfeeds. First, James touches on the $1.5T ticking time bomb that commercial real estate faces and what happens if a wave of debt gets defaulted on. Next, we’ll shift into more residential territory as Kathy dissects the “divided” housing market and updates us on how post-pandemic boomtowns are faring. Then, a return to normalcy, as Henry hits on how the 2023’s housing market correction could give homebuyers some leverage they deserve. Finally, mortgage rate updates and whether or not the spring season of homebuying will “survive” as buyers see a bump in their rates. Stick around to get all the info you need to build your real estate portfolio, so when ChatGPT takes your job, you’ll have some passive income to rely on! In This Episode We Cover Post-inflation car, food, and gas prices and Kathy’s $20 carton of eggs Commercial real estate debt and what happens if owners start to default The “divided” housing market and how cities that saw MASSIVE appreciation are faring now The 2023 real estate correction and good news for buyers as the market starts to stabilize Mortgage rate bumps and whether or not this will hurt the traditionally hectic spring homebuying season Using ChatGPT to find real estate deals , write property descriptions, and get more deals done And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram Jamil's BiggerPockets Profile Jamil's Instagram Kathy's BiggerPockets Profile Kathy's Instagram Articles Mentioned in Today’s Show: Commercial Debt Divided Housing Market 2023 Housing Market Correction Will Spring’s Market “Survive? Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-102 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

May 5, 2023

High mortgage rates chewed up and spit out homebuyers, loan officers, and the mortgage industry. With a bump of a few percentage points, buyers exited the market quickly, and the number of mortgages got cut in half almost instantly. But what else can you expect from the most significant mortgage rate movement in forty years ? Now, nearly a year after mortgage rates took their initial hike, there may be some hope on the horizon that we’re returning to better days for both buyers and sellers . But who better to ask about mortgages than the President of Rocket Mortgage , Tim Birkmeier ? Tim has been in the mortgage industry for over two decades, working his way up from loan officer to president , helping turn Rocket Mortgage from a regional company into America’s largest mortgage lender. He knows loans inside and out and has some predictions on how loans could change over the next few years. Tim touches on why FHA loans are seeing a comeback (especially as their fees get cut), why HELOC s are in an equity-based revival, and how to “lock in” your mortgage rate so you don’t get stuck buying when basis points jump up. So if you’re itching to get back in the real estate game but don’t know how long high mortgage rates will last, stick around! Tim has answers only an industry-leading expert would know. In This Episode We Cover Mortgage rate hikes and what 6% interest rates did to the housing market FHA’s comeback and why your mortgage insurance cost is about to go down Upgrading vs. moving and why homeowners and taking more equity out than ever before Rate buydowns and Rocket’s “ Inflation Buster ” program to keep your payment low New digital mortgage transactions and the future of getting approved Buyer demand and whether or not the seller stalemate will soon be over And So Much More! Links from the Show Agent Finder Lender Finder BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram 2023 Mortgage Rate Outlook Connect with Tim: Tim's LinkedIn Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-101 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

May 1, 2023

Got a high credit score ? Your mortgage could get more expensive. And no, this episode isn’t releasing on Opposite Day. New mortgage rules are incentivizing those with poor credit while punishing those that have built up their credit. And while this may seem like we’re venturing back to the days of subprime mortgages , there may be some real reasoning behind this newest mortgage rule change. Welcome to the 100th episode of On the Market ! It’s been a year since our first episode, and thanks to Dave, Henry, James, Jamil, and Kathy, we’ve rocked the charts with some of the most up-to-date real estate data around. This time, Dave and our panel of guests will share their favorite episodes and go over some of the latest headlines affecting the housing market . First, we’ll touch on how mortgage rules have changed and why high credit score borrowers could be in the crosshairs for more expensive fees. Next, California targets the upper-middle-class , kind-of-wealthy, but not-so-ultra-rich residents with their newest “ mansion tax ,” which targets houses that aren’t exactly mansions! Finally, a fractional ownership debate and an update on the latest landlord law that could give tenants more property protections . Thanks for joining us for 100 episodes of On the Market ! And special thanks to our producer, Kailyn Bennett , for making it all happen. Here’s to 100 more episodes! In This Episode We Cover New mortgage updates that could hurt high credit score borrowers California’s “mansion tax” and how it could affect far more than the “ultra-rich” Factional real estate investing and whether owning a “share” of a rental will ever beat buying properties Colorado’s latest landlords law proposal that could change the way you do leasing Homeownership for all and how unaffordability is putting pressure on lawmakers The On the Market panel’s favorite episodes of all time ! And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent Lender Finder BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram Henry's BiggerPockets Profile Henry's Instagram Jamil's BiggerPockets Profile Jamil's Instagram Kathy's BiggerPockets Profile Kathy's Instagram James' BiggerPockets Profile James' Instagram Homebuyers Are Getting Crushed: Are Landlords the Cause? Why NFL Players Are Buying Real Estate During the Recession SVB’s Risky Bailout and The Bank Run “Domino Effect” 2 Real Deals in 2023 That Could Come with Big Red Flags Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-100 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Apr 28, 2023

Don’t know how to run comps on a house? This single skill could be costing you, or making you, hundreds of thousands on every deal you do. No matter what level of real estate investor you are—rookie, intermediate, veteran—the ability to comp correctly will put you above the rest as you walk away from deals far richer than other investors . And during a housing market correction like we’re in today, this skill isn’t just something that’ll make you more money— it’s what will stop you from going broke . Comping, formally known as pulling comparables, is putting a potential property up against other properties in the area, finding a comparable price , and seeing how much can be made on a deal. Most real estate investors have pulled comps a few dozen times, but investors like James Dainard and Jamil Damji calculate THOUSANDS of comps monthly . They’re looking for the profitable property needle in the housing market haystack, and as two self-made multimillionaires , their experience shows that they know what they’re talking about. In this episode, James and Jamil will show you EXACTLY how expert investors comp properties , what you need to look out for when calculating your own, and the “ appraisal rules ” that were taken DIRECTLY from the source on valuing properties . The tips in this episode could make you six figures more on your next deal. DON’T miss this. In This Episode We Cover How to determine the value of ANY property in ANY location Comping explained and why you MUST have this skill to invest in real estate successfully The “appraisal rules” Jamil uses to get perfect comps on any deal he does Cities vs. suburbs and the BIG mistake investors can make when comping these two areas Where to find property information and the ONE source you should always start with Comping during a housing market corrections and what to do when prices start to slide The ONE tweak James made that helped his recent house flip make $100K+ more And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram James' BiggerPockets Profile James's Instagram Jamil's BiggerPockets Profile Jamil's Instagram Grab Jamil’s Appraisal Rules How to Determine a Property’s Value Using Real Estate Comps What is a “Comp?” Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-99 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Apr 24, 2023

The housing market shoots up different signals every so often. For most investors, though, these fly under the radar. But for data-driven housing market experts like Mike Simonsen , these signals are hard not to notice. If you want to know where prices will go next , when inventory could spike, and whether or not demand will start to fall (or rise), you MUST know what these signals are and how to find them. Today, we’ll let you in on the not-so-secret way to predict housing market moves so you can invest better than the rest. Altos Research’s Mike Simonsen didn’t start as a housing market enthusiast. He was in Silicon Valley, working with data, just trying to buy his first overpriced house. But, through getting his foot in the door of real estate, he uncovered that no one had the data he needed to make better investments . So, he started Altos Research to finally give real estate investors, realtors, and everyday homebuyers the tools to make their best buying decisions. Over the past seventeen years, Mike has been analyzing, segmenting, and qualifying housing market data for some of the most prominent investors in America. And now, he’s here today to share his time-tested secrets with you. No matter your skill level, you’ll be able to pinpoint the housing market signals Mike showcases so you uncover where the market is moving before the masses . Whether you’re an investor, homebuyer, realtor , or renter, this data will help you build wealth better than ever . In This Episode We Cover The housing market “signals” that can predict home prices , demand, and more Where to find FREE housing market data that’ll help you make the BEST investment decisions “Segmenting” your market and why you’re probably looking at homes all wrong The biggest housing market surprise of 2023 and why the unexpected happened What could cause homebuyer demand to DROP (and whether it’s possible this year) Housing inventory and why SO many homebuyers are hanging on to their houses How Mike single-handedly saved the US economy from imploding And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram Unlock FREE Housing Market Data from Dave Realtor Redfin Zillow Connect with Mike: Altos Research Altos YouTube Channel Mike's LinkedIn Mike's Twitter Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-98 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Apr 21, 2023

The US dollar is in danger . For decades, trading in USD (US dollars) has been the standard for almost every country on the planet. Thanks to America’s consistent economy, stable government, and growing global market share, the USD has become the most sound currency on earth . But things are starting to change. USD dominance is being threatened by BRICS countries (Brazil, Russia, India, China, and South Africa) , looking to ditch the dollar for a currency they control. But why are most countries trading in USD? When was USD chosen to be the world’s reserve currency ? And what does “reserve currency” even mean? Dave Meyer breaks it down in this episode of On the Market , as he details the history of USD dominance , the post-World War rise of a reserve currency , and why the “ petrodollar ” may be losing steam as other economies grow larger. Dave will also go in-depth on the economic effects of leaving a USD standard , when the USD could be replaced, which currencies are competing, and why dollar dominance (probably) won’t be over anytime soon. American or not, decoupling from a USD standard could have huge effects on your investments , wealth, and spending power. In This Episode We Cover What a “ reserve currency ” really is and how the USD was chosen to be one BRICS' fight for economic dominance and which currency will come out on top How the Ukraine-Russia conflict exacerbated the need for multiple reserve currencies Going off the gold standard and how a diluted US currency may have made things worse The “petrodollar” and why countries like Saudi Arabia are leaving the USD behind The often-untouched benefits of a non-USD-dominated world And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram How Does Money Work? The Complete Guide to Monetary Systems Planet Money Episode 553: The Dollar At The Center Of The World Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-97 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Apr 17, 2023

What if we told you there was a real estate tax loophole that would help you write off most of your income without becoming a real estate professional or going through some precarious property scheme? If you’ve heard stories of wealthy investors making MASSIVE profits through rental properties and walking away with a near-zero tax liability , this could be the strategy that they were using. But, if you want to know what it is and how to use it to your advantage, you’ll have to tune in. We’ve brought on not one but two financial powerhouses to explain the ins and outs of this rental property tax loophole . Brandon Hall , CPA, and Kyle Mast , CFP, have used this exact loophole to shave their tax liabilities down dramatically . The requirements to take advantage aren’t complicated, but you must be a rental property investor of a specific type of property. And not all CPAs will know how to do this, which is why you must find the right one BEFORE you file! In this episode, Brandon and Kyle will talk about how to unlock this tax loophole , the requirements you’ll need to hit, the logistics of using it, and the red flags you’ll need to keep an eye out for when giving it a go. In a few simple steps, you could eliminate your income taxes in a completely legal way, BUT you’ll want to make sure you follow Brandon and Kyle’s suggestions to a tee. In This Episode We Cover The real estate tax “loophole” that allows you to write off a SIGNIFICANT portion of your income Real estate professional status and how those that don’t make the cut can still write off BIG deductions The requirements you’ll have to hit to realize this real estate tax deduction Bonus depreciation , cost segregation , and why NOW is the time to take advantage Depreciation recapture and what to do to avoid paying taxes in the future Red flags to watch out for when trying this strategy and whose advice you can actually trust And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram Kyle's Twitter Kyle's Website BiggerPockets Money Podcast 200: A Personal Finance Masterclass with Kyle Mast Connect with Brandon: Brandon's BiggerPockets Profile Brandon's Facebook Group Brandon's Podcast Brandon's Website Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-96 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Apr 14, 2023

Land investing may be the newest way to make cash flow in today’s increasingly difficult housing market. With more and more investors fighting over real estate deals that break even at best, land investors are sitting pretty, with an almost unlimited supply of new investments and an even more robust pipeline of potential buyers . And while land investing may not have the passive income potential of a rental property, there are still numerous ways to take home some serious cash flow by dealing dirt. Daniel Apke fell in love with land investing after a long history as a serial side hustler. He tried everything from ghostwriting romance novels to setting up stores online, but nothing gave him the financial freedom that land investing did. Then, thanks to a helpful tip from a mentor, Daniel was able to start buying land at SIGNIFICANT discounts . He would then flip this land on or off-market to anyone willing to buy, allowing him to walk away with a handsome payday WITHOUT dealing with tenants, toilets, or trash. Now, Daniel has built an entire business out of flipping raw land, and the perks of a property-less lot may pique your interest. Whether it’s low competition , no permitting hassles , or the ability to exit multiple ways , land investing could be an attractive alternative to rental property investing as competition gets tough. If you think there isn’t much under the surface of these dirt deals, you’d be wise to stick around! In This Episode We Cover Finding financial freedom through land investing and how you can repeat Daniel’s system Land flipping explained and where to find the most profitable lots of raw land The BIG bottlenecks you’ll face when selling land and how to get past them with creative financing The land-buying business model and how to buy, analyze, and sell dirt Off-market land and the best method to find undervalued lots with low competition Subdividing and lot splitting to make the most out of a large plot of land Land demand and whether or not this type of activity will last for years to come And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram James' BiggerPockets Profile James' Instagram The Risks and Rewards of Investing in Raw Land Connect with Daniel: David's BiggerPockets Profile David's Instagram David's Website Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-95 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Apr 10, 2023

Commercial real estate has seen a severe drop in demand. From office buildings to multifamily and more , rising mortgage rates and unwavering cap rates are making commercial real estate a gamble more than a grounded investment. But, when buyers start exiting the market, sellers get desperate, and this chain reaction allows committed commercial real estate investors to scoop up deals worth millions more just a few years back . We have a couple of those deals coming up on this episode! We’re back with another audience deal show . This time, we’re walking through two commercial real estate deals with serious potential , but their prices don’t match reality. First, we talk to Ben Mashat , who recently went full-time into real estate investing after scaling a successful wholesaling operation. He’s got a MASSIVE deal opportunity —a five-story office building with seven-figure potential profits. The problem? A price tag that doesn’t match today’s commercial property market. Next, we hear from Heidi De La Torre , who’s looking at a multi-unit beachside property with impressive price comps nearby. But, with zoning issues and a seller that can’t make up their mind , Heidi is struggling with which move to make as she debates taking on a project with this many pitfalls. As always, our panel of expert investors will give their suggestions on what our guests should do next and whether these deals are even worth chasing! In This Episode We Cover The state of commercial real estate and why sellers are getting desperate as the buyer pool dries up NOI (net operating income) explained and ENSURING yours is accurate before you get a deal under contract The downside of office investing and why so many buyers are straying away from this property type The cap rate debate and whether or not this metric is the most important factor when deciding on a deal Property zoning , code violations , and how unpermitted builds could COST you Wholesaling large deals and details you’ll NEED to find qualified buyers And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram Henry's BiggerPockets Profile Henry's Instagram Jamil's BiggerPockets Profile Jamil's Instagram Kathy's BiggerPockets Profile Kathy's Instagram James' BiggerPockets Profile James' Instagram Listen to Our Residential Audience Deal Review Show Commercial Real Estate Could Crash, But Are Everyday Investors Impacted? Cap Rate: What Is It and How to Calculate It Books Mentioned in the Show Real Estate by the Numbers by Dave Meyer Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-94 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Apr 7, 2023

Real estate scams and Ponzi schemes have been around for centuries, but with the advent of the internet, social media, and digital banking, more and more scams and schemes have been popping up. You might think that only the uneducated or ill-informed fall prey to these monetary predators, but you’d be wrong. Just recently, two of our expert guests, James Dainard and Jamil Damji, were ripped off in Ponzi schemes that the federal government intervened in. Thankfully, James pulled out his principal earlier on, realizing what was happening. But Jamil was blindsided, leaving him with a seven-figure loss . Both James and Jamil were brave enough to share their stories, and more importantly, the entire On the Market panel have come together to break down how NOT to get scammed on your next investment . Kathy Fettke , a syndicator herself, describes EXACTLY what to look for when passively investing in a deal and why inexperienced operators have become the norm in 2023. Next, Henry Washington shares what you MUST do to ensure a contractor doesn’t run off with your money and how to pace a project, so you aren’t left with an empty bank account and half-done home renovation . Then, we’ll switch gears as Jamil gives actionable steps to ensure your wholesaler brings you a real deal . Finally, James highlights which lenders you should or shouldn’t use and how inexperienced investors are getting strapped with loans that could liquefy their deals all at once. To finish the episode, James and Jamil give the nitty-gritty details of the Ponzi schemes they fell victim to and how even experienced investors can be taken advantage of. In This Episode We Cover Losing a million dollars on one investment and the telltale signs of a Ponzi scheme How to vet your syndicator /operator and why track record means EVERYTHING Paying your contractor in stages and the reason Henry will NEVER pay for a project all at once The documents you NEED to confirm when buying a deal from a real estate wholesaler “Backyard lenders” and why flippers/BRRRRers should consider taking loans that are close to home The “affinity fraud” Ponzi scheme and why you should NEVER invest based on faith A $650M movie rights scam and how James noticed the red flags before any other investor did And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram Henry's BiggerPockets Profile Henry's Instagram Jamil's BiggerPockets Profile Jamil's Instagram Kathy's BiggerPockets Profile Kathy's Instagram James' BiggerPockets Profile James' Instagram 10 Glaring Red Flags That Indicate Your “Great Deal” May Be a Costly Scam Watch the “American Greed” Episode on The Movie Rights Scheme Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-93 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Apr 3, 2023

Don’t think you can find cash flow in a high-priced market like Florida ? What about doing a fix and flip with today’s rising rates and high-priced renovations ? Don’t know if your rental’s zoning could sprout numerous red flags on a sale? We’ve brought some On the Market listeners in live to go over the deals they’re doing in 2023, which concerns they’re coming up with, and how they’re building wealth while battling against the economic tidal wave hitting the housing market. Michael Yi and Matt McMains , two of Henry Washington ’s mentees, have been trying to hit home run deals in Florida. Michael was able to lock down an underpriced rental property that has almost unbelievable cash flow but with some zoning red flags that could catch him off guard in a sale. On the Panhandle, Matt is weeks away from closing on an out-of-state flip, but with rates jumping up and property holding time getting pricey, expert flipper James Dainard advises caution when getting into a deal like this. One thing is for sure; there are still plenty of ways to profit with investment properties, EVEN in today’s wild housing market! So stick around, and hear exactly how you should be doing your deals as 2023 unfolds . Want to talk about your real estate deal on the show? Email Kailyn@biggerpockets.com with all the nitty gritty details! In This Episode We Cover The overlooked Florida city that has BIG cash flow potential in 2023 Rental property zoning and how to ensure your designation WON’T ruin a future sale Rental renovation tips and which materials to use for which type of renter Hard money loans and how rising interest rates are making holding costs sky-high When to negotiate your deal (EVEN if your due diligence period is up!) Flipping vs. renting vs. wholesaling , and when to walk away from a deal And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram Henry's BiggerPockets Profile Henry's Instagram Jamil's BiggerPockets Profile Jamil's Instagram Kathy's BiggerPockets Profile Kathy's Instagram James' BiggerPockets Profile James' Instagram Try RentRedi on Your Next Rental Property Connect with Michael & Matt: Michael's BiggerPockets Profile Matt's BiggerPockets Profile Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-92 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 31, 2023

Last week, the Federal Reserve both surprisingly and unsurprisingly raised rates . For weeks leading up to this meeting, investors had a glimmer of hope that the historical rate hikes would end and that we could finally look forward to a time of reasonable mortgage rates and sustainable home prices. But, even with high rates, the housing market has taken some surprisingly strong wins. We’ll get into today’s top real estate-related stories in this episode! Welcome back to another correspondents show where our “housing market data without the hysteria” expert guests bring in some of the most hard-hitting headlines that could affect real estate investors. Dave starts by professing his deep respect for Jerome Powell’s decision to hike rates even higher and goes into why the Fed could be playing “mind games” with the American people. Next, Henry hits on how home price drops just hit a new threshold not seen in over a decade! Back on the residential side, James breaks down the good news for February home sales , but soon after, Jamil and Kathy touch on commercial real estate stats that have banks, lenders, and investors starting to sweat. But, what could be bad news for some is great news for others, and if you’ve been looking to pick up steals and deals during a time when competition is low , now may be the PERFECT time to get in the market! In This Episode We Cover Interest rates rise again as the Fed plays “mind games” with the American public Home price updates and why the housing market just crossed into 2012 territory Housing market momentum and why homebuyers have gotten back into the game The commercial real estate crash and why CRAZY deals could be around the corner Liquidity tightening and why raising capital and getting mortgages could become a lot harder The HUGE opportunity to invest in a certain asset class that could make a big comeback And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram Henry's BiggerPockets Profile Henry's Instagram Jamil's BiggerPockets Profile Jamil's Instagram Kathy's BiggerPockets Profile Kathy's Instagram James' BiggerPockets Profile James' Instagram Watch Our Interview with Mark Zandi, Chief Economist at Moody’s Analytics, On the Recent Bank Failures Stories from Today’s Show: Home Prices Drop February Home Sales Commercial Real Estate Prices Slide Liquidity and Commercial Real Estate Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-91 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 27, 2023

Back in 2008, the housing market was in freefall. With foreclosures at record highs, homeowners nationwide had to return their residences to the banks. The problem? Banks didn’t want them. Big banks never wanted to be conglomerate landlords. So, who did they pass the homes off to? Institutional investors, REITs, and iBuyers that many real estate investors fear and also blame for today’s real estate problems. But is today’s affordability crisis really Wall Street’s fault, or is there someone else to blame? Back from Moody’s Analytics, we’ve got Thomas LaSalvia and Ermengarde Jabir on the show to explain the situation. Over the past few years, there has been quite a lot of bad blood between single-family rental investors and institutional investors on Wall Street. For small, mom-and-pop investors, these large landlord conglomerates seem to be stealing homes, making it harder for new investors to get into the housing market and even more challenging for first-time homebuyers to get a primary residence. But, the data points to something different. Ermengarde and Thomas explain exactly what institutional investors have been doing as of late, how they may have saved the housing market during the last crash, whether or not they’re still buying in today’s market, and how they’re affecting everyday homebuyers. We’ll also touch on pricing, affordability, and why new construction is kicking starter homes off the to-build list. In This Episode We Cover What led to the 2008 housing crash and how Wall Street stepped in to stabilize prices How institutional investors have been growing over the past decade and their plan for the future Single-family home construction and why first-time homebuyers AREN’T the target market Homeownership, America’s “ renter nation ,” and whether or not Wall Street is stealing homes from buyers Why institutional investors ONLY buy in specific real estate markets (and where they’re buying now) Who owns the most single-family rental properties across the country And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram SVB’s Risky Bailout and The Bank Run “Domino Effect” How Did A $200B+ Bank Collapse In 48 Hours? On the Market 81 with Thomas Is Wall Street Ruining the Housing Market? Get the Latest Real Estate Insights from Moody’s Analytics Connect with Ermengarde & Thomas: Ermengarde's Email Thomas' Email Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-90 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 24, 2023

Bank failures were a thing of the past—until a couple of weeks ago. After Silicon Valley Bank ’s (SVB) fall from grace and numerous other regional and small-time banks going under, Americans are holding their cash with an iron grip , not knowing whether or not a recession or soft landing could be on the horizon. And with more economic instability comes more fear, panic, and doubt from the general public. Thankfully, we’ve got Mark Zandi , Chief Economist at Moody’s Analytics, to share some economic truths (instead of crash-fueled terror). Mark knows the economy inside and out and understands the true impact behind these bank crashes . He gives his opinions on whether or not this series of bank crashes could lead to an even greater recession , why the government was forced to build a bailout , and how real estate and the economy will be affected as we try to rebuild from this fragile system collapsing. And, if you’re worried that the big banks could start to crumble under their own weight , Mark has some information that’ll quell your fears. But we’re not just hitting on bank news. Mark shares how a “ slowcession ” could occur throughout the US, leading to a lackluster economy as unemployment grows and GDP growth slows. He also gives mortgage rate predictions and discusses the one real estate type that could be in BIG trouble over the next few years. In This Episode We Cover Silicon Valley Bank’s (SVB) collapse explained and why big banks aren’t worried The social-medial-fueled panic and fear cycle that is hurting the economy The bright side of a bank bailout and how to avoid a systematic collapse Recessions vs. “slowcessions” and why the latter WON’T be a soft landing Real estate prices and which property type could go BUST over the next few years Mortgage rate predictions and why we wouldn’t hold our breath on three-percent rates And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram SVB’s Risky Bailout and The Bank Run “Domino Effect” How Did A $200B+ Bank Collapse In 48 Hours? Connect with Mark: Mark's Website Mark's Podcast Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-89 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 20, 2023

Unemployment was supposed to be much higher by now . With the Federal Reserve increasing its rate hikes over 2022 and into 2023, the labor market should have cracked already. But it hasn’t, and many mainstream investors have struggled to determine why. With a higher cost of capital, businesses should be more selective with who they’re hiring and keeping, but instead, we’re seeing the labor market have much more power than they’ve had in the past. So, did we successfully dodge an employment crisis , or is a rude awakening coming our way? Joe Brusuelas , principal and chief economist for RSM US LLP, knows that we’re thinking about unemployment all wrong. As a leading economist with over twenty years of experience, Joe has seen multiple recessions, crashes, and unemployment crises . He knows exactly what it would take to make the labor market snap and push the country into a recession . Joe breaks down precisely what the Federal Reserve has been planning , when its interest rate hikes will finally take effect, and what the future of the labor market looks like. He also touches on how we may be entering an entirely different era of the economy , one with tight employment, higher interest rates , and higher inflation than we’ve been used to. This directly affects almost every consumer in America , and investors can get ahead of the economy by knowing when this unemployment scale will finally balance. So don’t sit on the sidelines and be surprised when these economic forces take shape. Tune in! In This Episode We Cover Why unemployment has been so low and when the Fed’s interest rate hikes will kick in How employment is calculated and why qualified workers are so hard to find “ Labor hoarding ” and the real reason big tech is so easily laying off workers Unemployment rate predictions and whether it’ll be like the last recession Entering a new era of the economy and why higher inflation, interest rates, and employment could be in our future US immigration and how restricting foreign worker flow has caused a “tight” labor market And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram How the Unemployment Rate Affects Us All (Yes, Even the Employed) Connect with Joe: Joe's Articles Joe's Email Joe's Twitter Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-88 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 17, 2023

Both SVB ( Silicon Valley Bank ) and Signature Bank have crashed and burned dramatically over the past week. What once was a few large customers making withdrawals quickly turned into a bank run of epic proportions . Within just a few days, SVB went from one of the largest banks in the United States to one of the biggest bank failures in the nation’s history . But what led to such a fast-paced collapse, and are more banks on the chopping block? You don’t need to be an expert economist to understand what happened at SVB and Signature Bank this week. But you will want to hear Dave Meyer’s take on what could come next . With bailouts back on the table, many Americans fear we’re on the edge of a total financial collapse , mirroring what unfolded in 2008. With more and more Americans going on cash grabs, trying to keep their wealth safe from the “domino effect” of bank failures , what should everyday investors prepare for? More specifically, for our beloved real estate investors, how could SVB’s failure affect the housing market? Will the Federal Reserve finally be forced to end its aggressive rate hikes ? Could money flood into real estate as hard assets become more attractive? Stick around as Dave explains this week’s wild events and what it could mean for the future of the US economy . In This Episode We Cover SVB’s (Silicon Valley Bank) collapse explained and why it failed so fast The bank run “domino effect” that could put other intuitions at risk Why a “bailout” happened so quickly , and whether customer funds were secured Bond yields and why making long-term investments was a risky bet for SVB The future of mortgage rates and how SVB’s failure could lead to fewer rate hikes The psychology behind a bank failure and how it affects the entire economy And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram How Did A $200B+ Bank Collapse In 48 Hours? Is Real Estate Going To Be Impacted? Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-87 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com . Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 13, 2023

The housing market is stuck in a standoff . On one side, you have buyers, repeatedly beaten with high home prices , higher mortgage rates, and almost non-existent affordability. On the other, you have the sellers , who are sitting on low-interest-rate mortgages , unwilling to take a price lower than they want, waiting for rates to come back down, so the bidding wars begin all over again. This standoff has caused the housing market to come to a halt, with inventory at unbelievably low levels and no one willing to buy or sell. But weren’t we supposed to be past this? When rates dropped earlier this year, the housing market looked like it was on a fast track to a real estate revival. But now, homebuyers, sellers, and investors don’t know where to turn. And that’s precisely why we brought on HousingWire Lead Analyst Logan Mohtashami , the one person who knows the real estate market better than the rest. Last time we had Logan on, he debunked the claim of a 2008-style housing crash repeat , and now, he’s on to forecast when the housing market could finally reach a healthy point again. Logan knows why homeowners aren’t selling, why buyers aren’t bidding , and when mortgage rates will come back down . With some simple stats and data, Logan lays out almost exactly what would have to happen for us to enter a normal housing market and gives a rough timeline of when we can expect these changes to take place . And if you’re still on the “it’s gonna crash!” bandwagon, we’d suggest sticking around for Logan’s full explanation, as it may completely reverse what you thought was conceivable. In This Episode We Cover Mortgage rate forecasts and what has to “break” for rates to come back down Foreclosures, distressed sellers, and why there isn’t more inventory on the market Homebuyers vs. sellers and why neither of these two will make moves until the other does 2008 vs. 2023 and why a Great Recession repeat is a lot less likely than you think What could cause affordability to rise and help homebuyers get into properties Rent growth declines and why rents are starting to stall even as homebuying becomes challenging The commercial real estate “crash” and which sector is most primed for price cuts And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram Kathy's BiggerPockets Profile Kathy's Instagram On the Market 14 with Logan Connect with Logan: Logan Website Housing Market Tracker Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-86 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 10, 2023

This housing market is a tough nut to crack. One week, rates are coming back down , buyers are gearing up to re-enter the real estate market, and investors are feeling optimistic. Then, the following week, inflation spikes, mortgage rates jump , and affordability plummets back down to a depressing level. Because of this topsy-turvy economy we find ourselves in, we get a slew of questions on almost every episode asking us to predict what will happen next . And today, the entire On the Market panel has flown out to Denver to get this live debate going. That’s right. Dave Meyer is joined by Henry Washington , James Dainard , Jamil Damji , and Kathy Fettke to pop some bottles, rock some chains (thank you, James), and give you up-to-date info on the housing market. We’ve taken a few of our favorite questions from the comment section and got the panel’s opinions on some of today’s most pressing topics . First, we’ll talk about why new homes are cheaper than existing homes in many markets and whether or not this is a red flag for the housing market. Then, we enter lender territory and discuss which markets are seeing new down payment requirements and which allow you to still score deals at ten to fifteen percent down . We’ll also revisit the commercial real estate crash and what could happen once these massive balloon payments come due. But don’t worry, there’s still some optimism afoot, as a couple of our expert guests predict a housing market boom could be coming in only a matter of months . So, don’t get caught in the rocky waves of this real estate market; tune in to get the scoop on everything happening on the market. In This Episode We Cover The incoming housing market “boom” that could start another buying frenzy New construction vs. existing homes and which is a safer bet as a new investor Down payment requirements and why so many lenders are asking for more The commercial real estate crash and how it could create insane deals for investors with cash on hand The state of the economy and why there’s so much contradictory data pointing in different directions Why you should always buy two plane tickets when planning your next trip And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram Henry's BiggerPockets Profile Henry's Instagram Jamil's BiggerPockets Profile Jamil's Instagram Kathy's BiggerPockets Profile Kathy's Instagram James' BiggerPockets Profile James' Instagram Attend a BiggerPockets Meetup Grab Dave’s “2023 State of Real Estate Investing Report” On the Market Podcast 65 with Ben Miller (Deleveraging) On the Market Podcast 71 with Brian Burke (Multifamily BOMB) Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-85 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 6, 2023

The 2023 recession is off to a strange start. Homebuyer activity has rallied, consumer spending is up, and unemployment is low. Is a recession really on the way, and if so, has anyone told the Fed what's happening in today’s economy? With a good chunk of economists still betting on a recession in 2023, who’s right and who’s wrong? And if there isn’t a recession incoming, can real estate investors take advantage of this artificial instability to get even better deals done? We’re back with our panel of experts, Henry Washington, Jamil Damji, and Kathy Fettke, to get their take on whether or not this period of economic uncertainty is over. Back in 2022, with mortgage rates picking up, inflation hitting decade-long highs, and the housing market starting to stutter, most Americans were right to believe that we were on the cusp of a recession. And real estate investors were doing deals left and right, trying to get as many homes under contract for the lowest price. And only a few months later, things have started to change, but investors are still getting incredible deals done, and if you tune into this episode, you can too! We talk about how this “white-collar recession” is causing more profit than panic for investors and why many Americans don’t “feel” we’re in an economic downturn. Our expert guests even give their best predictions on what could happen this year and into the next. So if you want to take home some SERIOUS profits like our guests did in the last crash, listen up! In This Episode We Cover A 2022 economic recap and why Americans didn’t react as they did during the last recession Testing today’s recession sentiment using the “underwear” theory Whether or not we’re in a recession and why real estate is always “first in, first out” The 2023 economy, housing market predictions , and why recession indicators don’t always work How to invest in 2023 and what our expert guests are doing to build wealth while markets are down Passive investing and why Dave’s private money lending bet could pay off as mortgage rates rise And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram Henry's BiggerPockets Profile Henry's Instagram Jamil's BiggerPockets Profile Jamil's Instagram Kathy's BiggerPockets Profile Kathy's Instagram Attend a BiggerPockets Meetup Why This Recession is a HUGE Opportunity for Investors Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-84 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 3, 2023

The 2023 economy doesn’t fit what the forecasters were predicting. Inflation was up, but now it’s coming back down, interest rates keep rising, but homebuyer demand is coming back? As if there wasn’t enough contradictory data, employment is holding steady while we should be in a recession . What’s really happening behind the scenes , and how can you use economic headwinds to build wealth faster while everyone else braces for an impact that may never come? We’re back with Fundrise CEO Ben Miller to discuss the three economic scenarios EVERY investor should plan for in 2023 . Ben has learned something new about the economy (and himself) during every past crash. In the 90s, when real estate took a hit, young Ben was too carefree to be concerned. Then, when 2008 came around, Ben was left with scars from the market crash carnage . Now, after the 2020 flash crash and into a potential 2023 market crash, Ben knows better and is making bets that’ll make him, his company, and his investors very wealthy. Ben thinks it’s a mistake that most investors simply put one scenario forward when investing. He tells tales of some of the greatest investors using basic scenario planning to make a killing during any economy . In this episode, he’ll run through exactly how you can do this and why thinking in bets may be one of the best moves you can ever make. So, even if a housing market crash does come, you’ll be prepared not just to survive but thrive . In This Episode We Cover Why we aren’t in a recession yet and the contradictory crash indicators Scenario planning 101 and the three types of outcomes EVERY investor should plan for Thinking in bets and why a “ black swan event ” is much closer than most people think What could lead to an economic recession and why it’s getting impossible to predict one The best asset classes to invest in during 2023 and why institutional investors are taking big bets on debt Why base hit real estate deals will make you rich, but home run potential should always be taken advantage of And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram Attend a BiggerPockets Meetup On the Market 33 with Ben on Build-to-Rent On the Market 65 with Ben on Deleveraging On the Market 76 with NFL Panel Books Mentioned in the Show The Psychology of Money by Morgan Housel The Art of the Long View by Peter Schwartz Antifragile by Nassim Nicholas Nicholas Taleb Connect with Ben: Ben’s Twitter Ben’s LinkedIn Ben’s Email Ben’s BiggerPockets Profile Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-83 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Feb 27, 2023

The housing market crash may be over already. With mortgage rates steadily dropping , buyer demand picking up, and competition creeping back in, this housing correction could have been one of the fastest and least severe downturns we’ve ever witnessed. Top forecasters have hinted at the housing market bottoming out , with some claiming that the “thawing” has already begun—but the data may point to something different. While there are signs of improvement compared to where we stood just a few months ago, some glaringly obvious data points could make this a much closer call than mainstream forecasters think . Dave Meyer, your sandwich-eating, data-delving host, wanted to know precisely what would cause the housing market to hit its floor . He looks at both the demand and supply side of the housing market, touching on the variables that genuinely make a difference. We’re talking about mortgage rates, housing affordability , loan applications , housing supply , active listings , and more. But you don’t need a degree in Data Science to understand what’s happening behind the scenes. Dave will explain exactly what is (and isn’t) impacting the housing market , what changes led to the state we’re in, and four scenarios that could play out in 2023 that might put a nail in this theory’s coffin. Betting on the housing market bottoming out? We’d suggest hearing the full story before you make your next investment. In This Episode We Cover Why top housing market forecasters believe that the housing market has found its bottom Mortgage rate updates and why interest rates are falling while the Fed introduces more rate hikes Housing affordability and why we may be moving away from the record-breaking unaffordability of late 2022 Mortgage applications and why homebuyers have decided to come back in 2023 Housing inventory and why more listings and longer days on market could suggest we aren’t through a correction just yet The four scenarios that could play out in 2023 (and which is the MOST likely) And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram Altos Research Goldman Sachs Mortgage Bankers Association WSJ Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-82 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Feb 24, 2023

The housing market has entered into a new era never measured before. As of a recent update from Moody’s Analytics , the rent-to-income ratio across the US has reached an average of 30%. And while this may not seem like a big deal to casual investors, it has wide-reaching implications that could cause the housing market to move in different directions. This is the first time a rent-to-income ratio has hit this high percentage point, which could spell bad news for landlords . Lu Chen and Thomas LaSalvia from Moody’s Commercial Real Estate division are joining us to explain the entire story behind the data. They have been closely monitoring the steadily rising rent prices for decades. With pandemic-fueled migration , Lu and Thomas both believe that we’re living in one of the most troubling times for renters. But how did this come to be? With massive housing development across the nation, what’s causing rents to remain so high? The answer isn’t what you might expect. Lu and Thomas have seen developers shift focus to certain housing types, leaving much of the middle class in a rent squeeze . This “missing middle” could explain why so many families are paying a solid portion of their income to rent every month. But with reasonably priced rentals becoming a hot commodity, what can landlords do to ease the burden and open up more housing for those who need it most? And where will rent head next after it’s broken through this previously unshatterable ceiling? Tune in and find out! In This Episode We Cover Housing affordability and why America just crossed into “rent-burdened” territory The “ecosystem effect” and how pricier developments hurt the middle class Housing demand and why work-from-home hotspots put strain on the system Housing markets where rent is declining and the rent-to-income ratio is weakening Where Americans are moving to and why some millennials are staying away from the suburbs Real estate development and which housing types are getting built Comparing today’s rent crisis to 2008 and why a housing correction doesn’t always equal a rent crash And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram Moody's CRE Website Key Takeaways from 4th Quarter Connect with Lu and Thomas: Lu's Email Thomas' Email Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-81 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Feb 20, 2023

Coliving has often been thought of as solely student housing . When you mention this strategy to investors, they think of house parties, dirty dishes, constant complaints , and a whole lot of maintenance. But ask Jay Chang from Tripalink, and he’s got a different story to tell . Jay works to develop the best coliving communities in the United States , securing a lower-rent option for his tenants and a high cash flow investment for his investors. He’s seen how coliving projects are built, managed, and maintained, and he may completely change your mind on this concept. For expensive areas like Los Angeles, New York, and Seattle, finding an affordable place to live as a student or entry-level worker is near impossible . Your options? Spend the majority of your salary on a studio apartment, live with your friends who haven’t vacuumed in three years, or move into a coliving apartment. The latter offers upscale amenities, daily or weekly cleaning, private rooms, and a high cash flow solution for landlords in pricey markets. Still have your doubts? Jay touches on the untrue myths associated with coliving , why vacancy is near-zero , property management and maintenance, and why this investing niche could be close to exploding as the economy takes a tumble. This strategy could take your real estate portfolio to the next level if you’re in an expensive market, college town, or densely-populated area. In This Episode We Cover A quick housing market update and why buyers are jumping back in Coliving explained and why young professionals and students need a new option for housing The stigmas associated with coliving and why almost all of them are untrue The luxury amenities that coliving offers and how it keeps vacancy at rock-bottom rates Property management when coliving and how to deal with tenant issues Converting your single-family home into coliving and the cost you can expect House hacking and how to start coliving on a smaller scale Where to invest in coliving and how to get in before this industry takes off And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram Henry's BiggerPockets Profile Henry's Instagram Co-Living Could Become The Future Of Real Estate Double Your Rental Income with Co-Living Cash Flow Build a Six-Figure Student Housing Portfolio in Just Eight Steps Read Jay’s Articles on BiggerPockets Connect with Jay: Jay's BiggerPockets Profile Jay's LinkedIn Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-80 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Feb 17, 2023

Your real estate investment’s returns could be ruined by a few hidden costs that you don’t know about. For the rookie real estate investor, it seems like every investment has the same type of expenses; mortgage, taxes, insurance, repairs, and property management. And while these surface-level expenses are almost always present in a real estate deal, NUMEROUS extra expenses could sink your ship if you don’t include them in your deal analysis. So, stick around, or you might get burnt on your next real estate deal ! To walk us through the different types of deals and the expenses that come with them, we’ve got Henry Washington , James Dainard , and Kathy Fettke on the show. Henry, a buy and hold investor, knows that the “ cash flow ” new investors are calculating is far from reality . He highlights the exact expenses it takes to run a rental property portfolio and why those counting on self-management could be making a MASSIVE mistake . Next, James talks about the often over-glamorized world of flipping houses and the massive haircut investors take when they don’t account for closing, construction, and tricky lending fees. Finally, for our passive investor, Kathy goes into the world of real estate syndications , defining the numerous fees many “mailbox money” investors overlook. In fact, investors in these passive deals often don’t know when (or how) they’re getting paid. You DO NOT want to make this mistake! Stick around to hear it all, so you don’t make these beginner blunders next time you get a deal done! In This Episode We Cover The “ hidden ” fix and flip, buy and hold, and real estate syndication costs Lending fees, penalties, and the BIG cost of borrowing money Seller concessions and what to expect in a buyer's market like 2023 Raising rent and why not doing so could be a huge mistake when building a portfolio Self-management vs. third-party property management and why you ALWAYS need to factor in a fee Real estate syndication payments explained and why so many investors get it wrong The “4-4-4” housing market prediction and whether it could really come true And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram Henry's BiggerPockets Profile Henry's Instagram James's BiggerPockets Profile James' Instagram Kathy's BiggerPockets Profle Kathy's Insatgram Books Mentioned in the Show The Book on Estimating Rehab Costs by J Scott The Book on Managing Rental Properties by Brandon and Heather Turner The Hands-Off Investor by Brian Burke Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-79 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Feb 13, 2023

The multifamily crash is well underway! But is now the time to buy? If only you could see where top investors are parking their cash during this wild house market . Well, today, you can! We’re back with another Deal Breakdown , where Henry Washington , James Dainard , and Kathy Fettke break down the deals they’re doing in February of 2023. And while the news may be highlighting a “doom and gloom” type of real estate market, we know from first-hand experience that there is still money to be made in today’s housing market ! Kathy is back in her love-hate relationship with new builds as she makes a SERIOUS investment in the beautiful ski town of Park City, Utah. The view alone at this property was enough to sell her on the high price. Next, Henry shares his “base hit” off-market real estate deal with a slew of exit strategies that’ll make him money, no matter what. Lastly, James is going hard on the multifamily housing crash , tackling a multi-million dollar deal that could have an eight-figure sales price once he’s done with it! Want to hear how these top investors are finding, funding, and profiting from their real estate deals in 2023? Stick around! And, if you haven’t been to the grocery store, gas pump, or lumber yard in a while, we play a post- inflation pricing game to see how high-priced everyday commodities have gotten. We won’t give away the answers, but we can definitely say that omitting omelets from your diet could save you some serious cash! In This Episode We Cover Inflation’s effect on everyday commodities and how high prices have gotten Investing in new construction and the massive financial upside to buying the right property Why you should search for “base hit” deals that give you MULTIPLE options to exit profitably Wholetailing vs. wholesaling and when to use each of these off-market strategies Price over profit and why buying a great deal should be your top concern when investing Capitalizing on the multifamily crash and how cap rates are helping buyers scoop up apartments at a steep discount And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram Henry's BiggerPockets Profile Henry's Instagram James's BiggerPockets Profile James' Instagram Kathy's BiggerPockets Profle Kathy's Insatgram The Multifamily “Bomb” is About to Blow, Here’s What You Need to Know Learn More About Inflation with Trading Economics Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-78 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Feb 10, 2023

Mortgage rates were about the only thing stopping the almost unbelievable home price run-up of 2020 through 2022. With higher mortgage rates, homebuyers were forced to bid on smaller houses or stick to renting while waiting for the good old days of 3% rates to return. But it doesn’t look like we’ll be heading back to sub-4% rates anytime soon, and homebuyers are starting to take the hint . So as mortgage demand begins to rebound , could we be closing in on another boom in the housing market? We’re back with another correspondents show as we touch on the latest housing market news from around the nation. First, we talk about how tech markets and unaffordable housing have taken a tumble while affordable markets kept afloat even during steep price drops. Next, we challenge a 2008-like crash prediction and explain why institutional investors are suddenly sending in rock-bottom bids in growing housing markets. Then, we hit on the revival of homebuyers , as mortgage applications shoot up and how we could dodge a recession with our slowing but growing economic climate. We’ll also play a game of “ Hot or Not ,” where we touch on which real estate investing strategies are worth trying in 2023 . From buy and hold real estate to risky flipping, the fall of short-term rentals, and more, our expert guests will tell you EXACTLY which tactics they’re using in 2023 and which ones to avoid at all costs! So stick around for the housing market news you NEED to hear to build wealth in 2023! In This Episode We Cover The best (and most risky) real estate investing strategies of 2023 Why “affordable” markets are staying rock-solid even during the housing correction The new housing market crash prediction and which big cities could get hit the hardest A boost in homebuyer demand and why the mortgage rate “sticker shock” has finally worn off The 2023 recession and whether or not it's even possible as the US economy still sees solid growth Institutional investors are why they’re coming back with lowball offers in growing cities How deflated prices could lead to “equity pops” for savvy investors willing to invest in struggling markets And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram Henry's BiggerPockets Profile Henry's Instagram James's BiggerPockets Profile James' Instagram Jamil's BiggerPockets Profile Jamil's Instagram Kathy's BiggerPockets Profle Kathy's Insatgram The Bifurcated Housing Market Correction Goldman Sachs 2008 Crash Prediction Households Priced Out JP Morgan 2023 Market Outlook Mortgage Demand Soars 28% Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-77 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Feb 6, 2023

Who’s buying real estate? Maybe you are, maybe your friend is, but what about NFL players ? Most casual fans would assume that getting paid millions of dollars a year would ensure a long-lasting retirement, but this isn’t always true. For many professional athletes, you’re constantly living one injury away from having no income . If, like many newly-signed pros, you splurge your first few years of checks, you could enter into retirement flat broke without any of the millions you earned. This is the exact opposite of what Cliff Avril and Devon Kennard did. They knew that their career earnings started ticking away the second they stepped onto the field, so they made moves to protect their wealth in other ways. Although numerous financial advisors told them to play it safe with index funds, REITs (real estate investment trusts), or other more “passive” investments, they decided to multiply their active income by investing heavily in real estate . And, even during an economic downturn, these two financial powerhouses are still investing, trying to maximize their dollar as much as possible. In this episode, we chat with Cliff and Devon about syndications they’ve invested in, how they’re staying up-to-date in today’s wild housing market , where they’re investing, and why they picked real estate over all the other assets. You don’t need to be a pro football player to take these lessons to heart, so stick around because this episode is bound to make you wealthier ! In This Episode We Cover Why so many professional sports players choose real estate as their chosen investment Real estate vs. stocks , index funds, REITs, and other more “passive” investments Real estate syndications and how to vet the operator who’s running the deal Investing during a recession and how Cliff and Devon are reacting to this changing market The “ core four ” every real estate investor needs in a property market Normalizing the investment conversation and making sure your circle is building wealth together The similarities between running a play and buying a rental property And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram James' BiggerPockets Profile James' Instagram Connect with Devon & Cliff: Cliff's TikTok Cliff's Instagram Devon's BiggerPockets Profile Devon’s Book Devon's Instagram Devon's Website Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-76 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Feb 3, 2023

The US debt ceiling has been hit; what happens next could send ripples through the economy . But is now the time to panic? Or is there still time to solve this situation? With the US economy relying so heavily on borrowing, the prospect of being unable to pay back its debts could come with a series of “catastrophic” consequences . Higher mortgage rates, a market crash , and an even harsher recession could be on the horizon. But what’s the likelihood of this happening? And are we really on the cusp of a debt debacle? We brought on Sarah Ewall-Wice , Washington D.C.-based reporter, to help explain what is happening with the US debt limit. Sarah knows that many Americans are used to these types of debt ceiling congressional debates, but most people don’t know the impact these could have on their wealth , investments, and society as a whole. With COVID spending forcing the government to pay for even more, the debt ceiling has reached an almost unimaginable $31 trillion . Sarah describes what would happen if the US defaulted on its debt , the programs that would be impacted the most, what republicans and democrats both want in their upcoming debates, and what everyday Americans can expect to happen over the coming months. Dave and Sarah also discuss the “ trillion dollar coin ” method, which could end the US’s debt quite quickly, while simultaneously acting as the most comical government bailout plan to date! In This Episode We Cover The US debt ceiling explained and why the government could raise the limit yet again COVID’s effect on government debt and how spending was ramped up during 2020 The “extraordinary measures” that the treasury is putting in place to keep the government afloat What happens if the US defaults on its debt and the severe consequences for investors Which social programs will be hit the hardest if a default happens Market crashes , mortgage rate increases, and other effects we could be in for The “trillion dollar coin” method and whether money-printing is the answer What republicans and democrats really want and why they’re fighting for it And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram The 2023 State of Real Estate Investing Report Connect with Sarah: Sarah's Twitter Sarah's Instagram CBS News Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-75 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Jan 30, 2023

With assumable mortgages, you can snag a three percent interest rate even in 2023’s high-interest environment. These loans exist everywhere around you—you could be sitting on an assumable loan without even knowing it! So, if there’s a way to pick up properties at all-time low-interest rates , why isn’t everyone taking advantage of assumable mortgages? We brought Craig O’Boyle from Assumption Solutions on to the show to explain. Assumable mortgages aren’t new, but most real estate agents, loan brokers, and homebuyers have no idea what they are . In practice, an assumable mortgage allows a homebuyer to “assume” a seller’s loan with the same interest rate , contingencies, and principal paydown as the seller. This means you can walk into a home with significant equity , a low-interest rate , and the same fix-rated loan you’d be picking up from a bank. But, if you want an assumable mortgage, you’ll need to know where to find one. Craig walks us through the ins and outs of assumable mortgages , where investors can find one, why most mortgage lenders and brokers don’t know about them, and one BIG caveat you’ll need to hear before you chase down this better financing. Want a lower rate and monthly payment with higher cash flow ? Stick around; we’ll give you everything you need to know to find a low-interest assumable loan in your area! In This Episode We Cover Assumable mortgages explained and why a bank would allow a buyer to assume a loan Assumable loans vs. subject to and how one strategy is far riskier than the other Fees you can expect to pay when purchasing a property with an assumable mortgage House hacking and using assumable loans to profit off your primary residence The three types of loans that can be assumable (and others that WON’T work) The “assumption gap” and money you’ll need at closing to get the deal done And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram Jamil's BiggerPockets Profile Jamil's Instagram Jamil's YouTube Subject To Real Estate Explained Connect with Craig: Craig's Website Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-74 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Jan 27, 2023

The new housing market is here, and with it comes a whole new set of real estate investing rules. Now, appreciation isn’t a given , flipping can flop , and good multifamily deals are one in a dozen instead of one in a million. This type of market can be dangerous for new real estate investors , but it can also be a massive opportunity for those who want to play the game the right way. So, please don’t ask the newly-rich gurus what their advice would be; turn to the decade-long players who have survived crashes, come back stronger, and know which deals are worth getting done. In this episode, we’ll go through the “ 2023 State of Real Estate Investing Report ,” written by your data and sandwich savant, Dave Meyer. This report presents a window into what could happen in 2023 , where the housing market stands now, and how investors can react to build real estate riches. Henry Washington, Jamil Damji, and Kathy Fettke give their own housing market predictions for the next year and prove cash is king , why on-market deals are the way to go, and how investing in “hybrid cities” can make you both equity and cash flow rich . The On the Market team will also give their thoughts on the potential commercial real estate crash that could happen in 2023. This type of movement in real estate affects all investors. Knowing about it beforehand can help you not only make money on killer deals but also help you avoid buying a property that may nosedive in value after buyers exit the market. So if you want the best data on real estate investing for 2023 , this is the place to be! In This Episode We Cover The “new housing market” that’s forming and how investors can take advantage Why cash is king and how low competition and high rates can help you buy rental property steals Why “buying deep” combined with seller financing can make you a killing in 2023 Whether house flips will flop in 2023 and how inexperienced investors could get burnt The “hybrid cities” that offer investors cash flow AND appreciation in one place Commercial real estate and the multifamily price crash that could be on the table in 2023 And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram Henry's BiggerPockets Profile Henry's Instagram Jamil's BiggerPockets Profile Jamil's Instagram Kathy's BiggerPockets Profile Kathy's Instagram The 2023 State of Real Estate Investing Report On The Market Podcast 65 with Ben Miller (Liquidity) On The Market Podcast 71 with Brian Burke (Multifamily Crash) BiggerPockets Real Estate Podcast 721 with Scott Trench (BiggerPockets CEO) Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-73 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Jan 23, 2023

Getting a low interest rate on your mortgage is something homebuyers in 2023 dream about. With last year’s 4% rates still fresh in many investors’ minds, it can seem almost irresistible to try and get the lowest mortgage rate possible when buying a house. So, what if there was a way to lock in a mortgage rate two to three percent lower than the daily average , all paid for by the seller of your new property? It’s possible, and if you want to get it, you’ll need to listen closely to what today’s mortgage experts are saying. In this episode, we brought three lending experts, Bill Tessar from CIVIC, Christian Bachelder from The One Brokerage, and LendingOne ’s Matt Neisser , to talk about what is happening with lending and lenders, mortgage rates, and low-interest loan programs . With different expertise, all three of these mortgage experts know about various loans, whether for a rental, a primary residence, a fix and flip, a BRRRR , or something else. But what draws them all together is their experience over the past six months. Once interest rates started to rise , lenders nationwide were “gutted,” with massive amounts of business flying out the door. But these borrowers weren’t searching for better lenders; they didn’t even want to buy anymore. This caused many mortgage brokers and lenders to “reset” their requirements, standards, and expectations for the next few years to come. Now, lenders like these are getting creative, finding some of the best ways to help you score a lower interest rate without charging you a dime. In This Episode We Cover How the Fed ’s decision to raise rates caused the lending industry to lose huge business Real estate underwriting and why short-term investors MUST change the way they analyze deals Bad news for BRRRR investors and why this strategy may be on pause for the next few years The new low-interest rate loan products that homebuyers can take advantage of Mortgage rate predictions and when we could potentially see rates start to stall (or drop) Advice for borrowers in today’s market and why you should NOT be scared of rising rates And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram Find Your Next Home Loan Connect with Christian, Matt, & Bill: Christian's BiggerPockets Profile Matt's BiggerPockets Profile CIVIC LendingOne The One Brokerage Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-72 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Jan 20, 2023

Multifamily real estate is by no means an easy asset class to buy into. What most people mistook as simple investments in 2020 are now turning out to be cash-hemorrhaging, high-interest, soon-to-go-bust investments . Everyone and their grandma was trying to buy the biggest apartment building they could, bidding well over asking without checking the fundamentals of the deal. Now, these buyers have to reap what they sowed by selling a solid asset at a low price or falling into foreclosure . But how did we get here? Wasn’t multifamily the hottest asset class of the past two years? This was supposed to be a foolproof way to build wealth , so what happened? Brian Burke knows, and that’s why he sat patiently on the sidelines, watching inexperienced syndicators bite off more than they could chew, refusing to listen to long-term investors. Brian has successfully predicted multiple crashes , not because he has a crystal ball, but because he knows when to take profits. He smelled something fishy happening in the multifamily space in 2019, and this same feeling saved him in 2022. So, what’s next for the multifamily housing market? Are the nation’s multifamily investments set to crash and burn? Not quite, but this could be the opportunity of a lifetime for the new investors looking for their next deal. But when should you hop in, start analyzing deals, and make bids? Stick around for this multifamily deep dive , as Brian will give you everything you need to know about the multifamily real estate market. In This Episode We Cover The multifamily “bomb” that’s about to explode and how multifamily became so overleveraged Risky debt and how new investors failed to think ahead with bridge loans and adjustable-rate financing The multifamily foreclosure crisis and how many investors could be forced into forbearance Key fundamentals to follow if you want to invest in multifamily in 2023 New construction and whether the high risk is worth the higher reward Advice for both active and passive multifamily investors who want to avoid getting burnt in 2023 And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram Kathy's BiggerPockets Profile Kathy's Instagram Read The 2023 State of Real Estate Investing Report Expert or Amateur? Do You Know Who Your Real Estate Syndicator Is? Book Mentioned in the Episode The Hands-Off Investor by Brian Burke Connect with Brian: Brian's BiggerPockets Profile Brian's Instagram Praxis Capital Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-71 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Jan 16, 2023

The housing market is a living, breathing organism, constantly moving , with each real estate market playing by its own rules . Thanks to the individuality of the American housing market, homebuyers had the flexibility to choose where they wanted to live as soon as the 2020 lockdowns took place. No longer did homebuyers have to purchase a house that was close enough to the office. Since many worked remotely, the entire country became their office , and a slew of newly nomadic workers decided to settle down in states both far from and near home. These migration patterns changed the landscape of the housing market and made once-sleepy cities into booming metros with high-priced homes almost overnight. Now, the trend has reached a halt, as homebuyers remain frozen in place , stuck between high housing prices and even higher mortgage rates . But, with in-office work becoming more and more mandatory, could these domestic migrants start being called back to the big cities and tech hubs they came from? We brought Taylor Marr , Deputy Chief Economist at Redfin , on to the show to give his take on where the housing market is headed. Taylor goes deep into the two halves of the 2022 housing market and why “booming” post-pandemic markets like Boise are seeing steep declines. We also talk about mortgage rate buydowns , the new buyer’s market , and where migration is starting to slow as homebuyers get caught in financial quicksand. In This Episode We Cover Housing market volatility and why ping-ponging mortgage rates haven’t helped Tech markets and how these employment hubs are faring now that many homebuyers have jumped ship The most volatile housing markets of 2022 and where you can expect to see migration slowdowns Reverse migration and what will happen once in-person work becomes mandatory again How politics, taxes, and weather highly affected homebuying patterns in 2022 Short-term rental data and why second homes saw a massive drop-off in demand And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram James' BiggerPockets Profile James' Instagram Hear Our Last Interview with Taylor 2022 Housing Market Review—A Tale Of Two Halves Get Redfin’s Up-to-Date Housing Market Data Connect with Taylor: Taylor's Twitter Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-70 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Jan 13, 2023

Picking stocks can be intimidating for a first-time investor in the stock market . For landlords, real estate can seem like a much more tangible, calculated way to make money with less risk and far more upside. But, with the stock market taking a much harder tumble than real estate in 2022, some long-time investors argue that now is the best time to pick up discounted shares of companies that will last for hundreds of years to come. So, as a real estate investor, which stocks should you pick? There’s no better person to ask than Chris Hill , host of Motley Fool Money , an investor who knows the ins and outs of stock investing better than the rest. Chris understands why most investors are hesitant to invest in the stock market, especially after the past year. With company valuations dropping faster than many have seen , stocks aren’t looking that attractive—at least not right now. However, Chris argues that this is a massive opportunity for the long-term investor, and if you can practice delayed gratification, you’ll be rewarded for decades. Chris walks through why he’s so optimistic about the stock market in 2023 , how rising interest rates hurt real estate and stock valuations, advice for new investors , and how to start picking stocks , even if you have no experience. Chris also shares why the everyday businesses many of us purchase from are primed for growth and why REITs (real estate investment trusts) may be massively undervalued as stocks and real estate are feeling a collective price crunch. In This Episode We Cover The 2022 stock market crash explained and what caused prices to drop How rising interest rates affect the stock market (especially startup stocks) Compound interest and the massive advantage that young investors have right now Advice for investing in the stock market in 2023 and how to start picking stocks REITs (real estate investment trusts) and why they’re trading at a discount Understanding your risk tolerance and maximizing your returns while minimizing your sleepless nights And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram 27 Stocks for 2023 Book Mentioned in the Show The Psychology of Money by Morgan Housel Connect with Chris: Motley Fool Money Chris' Twitter Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-69 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Jan 9, 2023

The Federal Reserve is a misunderstood arm of the government. Is it public? Is it private? Does congress have any control over it? Most Americans don’t know . Because of this constant confusion surrounding this shadowy subsection of the government, Americans are struggling to understand what’s going on with interest rates, mortgage rates, bond yields , and more. But there’s one person who knows the Fed better than the rest. Nick Timiraos , reporter at The Wall Street Journal , has been tracking every move the Federal Reserve makes. Whether it has to do with inflation , interest rate hikes , job growth and decline, or anything in between, Nick knows about it. As the foremost expert on the Fed, we took some time to ask him some of the most critical questions on how the Fed’s decisions could affect investors in 2023 . With so many variables up in the air, Nick helps pin down precisely what the Fed is thinking, their plans, and whether we’re on the right economic track. You’ll hear how the “ overcorrection ” of inflation could pose a massive threat to the US economy , the significant risks the Fed faces today, the three “buckets” that the Fed is looking at most, and why we’re targeting a two percent inflation rate in the first place. We also get into when the Fed could stop raising interest rates , how investors should react, and whether or not we’ll see three and four-percent mortgage rates again. In This Episode We Cover How the Fed’s 2022 moves affected the US economy (and whether they’ll pay off in 2023) Massive money printing and why this time was designed not to repeat 2008’s mistakes The Fed’s “overcorrection” on inflation and how it could send us into a more brutal recession The three “phases” we must get through to see lower mortgage rates Interest rates, federal funds rates, and when the Fed could halt their rate hikes Employment, the labor market, and why excessive wage increases could hurt the economy The 2023 outlook for real estate investors and when we’ll see low interest rates again And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram Kathy's BiggerPockets Profile Kathy's Instagram Hear Our 2022 Interview with Nick Book Mentioned in the Show Trillion Dollar Triage by Nick Timiraos Connect with Nick: Nick's Twitter WSJ Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-68 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Jan 6, 2023

What's the best housing market for real estate investing ? If this were 2022, we'd say cities like Boise, Austin, or Phoenix, but things have changed, and many of last year's top real estate markets look like this year's losers . So which cities are the ones worth investing in over the next year? Which will see population, job, and home price growth? And which markets can you expect to sink even lower as interest rates rise and the threat of a recession looms? We've got a few housing market experts around to help you navigate the plethora of property markets in the United States. James Dainard , master house flipper on the west coast, has a surprising prediction on an often underrated east coast city . Jamil Damji , one of the nation's largest wholesalers, is bearish on what was once a hot market and bullish on a "unicorn" city between two cultural capitals. Kathy Fettke , the Golden State's home builder and investor, picks a fight with a familiar character and has her eyes set on another sunshine state . And, of course, we also get Dave Meyer 's take on where the data says will be the worst and best real estate market to invest in during 2023 . So place your bets, get your MLS search ready, and prepare to see which markets will come out on top over the next year. If you're thinking of buying or selling, these picks may completely change your plans! In This Episode We Cover The best and worst real estate markets to invest in over the next year Why so many real estate investors remain bearish on California (even with high appreciation !) The one real estate market investors love to hate , and a good reason many people are moving How more prominent economic factors like employment and income significantly impact your investment in a city The "unicorn" real estate market that has stayed under the radar for decades Why some of the worst cities to invest in during 2023 will flip in 2024 And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram Jamil's BiggerPockets Profile Jamil's Instagram James' BiggerPockets Profile James' Instagram Kathy's BiggerPockets Profile Kathy's Instagram Hear Our 2022 Housing Market Predictions Rocket Mortgage’s Top Real Estate Markets of 2022 Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-67 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Jan 2, 2023

Foreclosures , mortgage rates, housing prices ; if there’s one person to ask about any of it, it’s Rick Sharga , Executive Vice President at ATTOM, who handles housing market data and forecasting all day, every day. Rick is often seen as a housing fact crusader, taking down the clickbait hype that many mainstream articles love to post. While other media channels push fear, Rick focuses on facts , showing what’s happening in the housing market , whether it’s good or bad news. Rick knows much more about home foreclosure numbers than most, so we took time today to ask him exactly how rising interest rates , crushing unaffordability , and shrinking home prices affect today’s homeowners. Could there be a foreclosure crisis on the horizon? Or, are homeowners in such a solid position that the chance of getting foreclosed on is slim to none? And if you’re looking to make some money during this declining market , which strategy would work best as buyers and sellers get desperate? We also take a chance to get Rick’s opinion on where interest and mortgage rates could be heading over the next year. Rick lays out the exact scenarios that could cause rates to plummet or rise multiple percentages and how homebuyers may go through a rate “reprogramming” to get hungry for houses once again. If you’re holding, buying, selling, or renting in 2023, this is the data you need to know! In This Episode We Cover The interest rate “reprogramming” and why rates don’t need to hit rock bottom for a buying frenzy to start again Mortgage rate predictions and what could happen that would cause rates to spike in 2023 The latest foreclosure data and why homeowners being “underwater” isn’t what you think The best opportunity for real estate investors and the revival of wholesaling in 2023 Bad news for house flippers and why profits are starting to drop for home renovations The “short-term pain, long-term gain” of real estate investing in 2023 (and beyond!) And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram Jamil's BiggerPockets Profile Jamil's Instagram Hear Our Past Episode with Rick ATTOM’s Home Flipping Report Connect with Rick: Rick's LinkedIn Rick's Twitter Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-66 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Dec 30, 2022

Deleveraging is a term you probably haven’t heard. And don’t be surprised; most news networks will never cover what deleveraging is or what it means for the real estate market . But, this capital constriction could implode the housing market , causing numerous investors and funds to go under, leaving the rest to pick up the scraps. This massive change is about to happen , but don’t get too scared; if you bought right, you could be one of the lucky few with a buffet of cash-flowing deals to choose from. So, who’s better to ask about this impending crisis than Ben Miller , co-founder and CEO of Fundrise ? He’s been on both ends of lending, not only buying significant assets with credit but also supplying the funding to others who need it. Ben is predicting a massive change in the real estate market that will shock investors to the core and could leave the economy worse for wear. This deleveraging crisis Ben talks about is not a simple concept, but once you understand how and why it’s happening, you unlock a piece of knowledge that 99% of other investors miss . Ben speaks on how bridge loans and floating financing have put thousands of investors (and lenders) in a bind, why banks will be strapped for cash in 2023 , and the scenarios that could play out over the next year if everything goes wrong. Make no mistake, this is NOT a doomsday forecast or some hypothetical hype meant to worry investors. Deleveraging is a real scenario that could have cascading effects for decades . If you’re investing, this is a CRUCIAL episode to tune into. In This Episode We Cover Deleveraging explained and why so many investors are on the line for millions of dollars Which real estate industries will be hit hardest when the deleveraging crisis manifests Why even the banks are overleveraged and the domino effect that could cause financial chaos The scenarios that could play out as banks start to constrict the money supply and investors get desperate The massive opportunity for investors as overleveraged loans come due and assets start to sell for a fraction of the cost Who will win and make it out alive after the mass deleveraging takes place And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram James' BiggerPockets Profile James' Instagram Hear Our Previous Interview with Ben on “Build-to-Rent” Investing How to Prepare for a Recession (and Profit!) in 2022 Connect with Ben: Ben’s Twitter Ben’s LinkedIn Ben’s Email Ben’s BiggerPockets Profile Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-65 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Dec 26, 2022

Real estate tax strategies are plentiful. In fact, real estate investing is one of the most tax-beneficial investments you could make, with a plethora of tax write-offs and loopholes you can use to avoid taxes legally . But, if you’re new to real estate investing or don’t know about many of these strategies, you could pay tens of thousands extra every year , limiting your portfolio’s growth. That’s why we brought Amanda Han , CPA and real estate investor, onto the show. Amanda has been helping investors lower their tax burdens for decades. As an investor herself, she’s had to grow her professional and personal knowledge to take advantage of as many tax deductions as possible . She’s so fluent in the real estate tax code that she even wrote the books on tax strategies for BiggerPockets! Dave and Henry spend today’s interview asking Amanda the tax questions you may have been too scared to ask your CPA. We’ll touch on the most significant changes in the 2023 tax code , the big blow to investors starting next year, cost segregations explained , the short-term rental tax loophole , and why you should start planning NOW for next year’s taxes. If you want to pay fewer taxes , buy more real estate, and keep more of your hard-earned passive income in 2023, this is the episode to listen to! In This Episode We Cover The biggest tax change for real estate investors that you NEED to know about When to start preparing for taxes and “accelerating” your expenses in 2023 2023 tax strategies for real estate investors and the write-offs most people miss The HUGE house hacking capital gains benefit that most investors don’t know about Bonus depreciation and cost segregation studies explained The short-term rental tax loophole that’ll allow you to write off everyday income The one question every investor should ask when interviewing CPAs/tax strategists And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram Henry's BiggerPockets Profile Henry's Instagram Tax-Saving Toolkit Books Mentioned in the Show The Book on Tax Strategies for the Savvy Real Estate Investor by Amanda Han The Book on Advanced Tax Strategies by Amanda Han Connect with Amanda: Amanda's BiggerPockets Profile Amanda's Instagram Amanda's Website Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-64 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Dec 23, 2022

There are few things more critical to a real estate investor than home prices, mortgage rates , and rent . Thankfully, those are three subjects that Redfin decided to tackle in their new 2023 housing market predictions list . But are these housing market projections the truth, or is the data showing something else entirely? We’ve got Dave to fly solo this episode to break down these hot housing market takes to see which could truly come true in 2023. Welcome back to On the Market . As we wind down the year, we’re wrapping up as many real estate predictions and forecasts as possible so we can give you, the investors, the best chance of success in 2023! And although many of you have asked for Dave’s crystal ball (it’s just his head, people), he’s brought something even better today to share: cold, hard housing market data ! We’ll be pinning it against Redfin’s predictions on mortgage rates, housing prices, home sales, rents, and construction for 2023 . Some of these predictions seem far more likely than others, as the future remains mysteriously shrouded in possibilities of a global recession or depression rocking the housing market over the next year. But let’s get to what you really want to know: which markets will be saved , how low rates will go, and when you can expect to get even better deals on investment properties . All that (and much more) is coming up, so tune in! In This Episode We Cover Redfin’s most significant housing market predictions of 2023 How low home sales could go as buyers and sellers stand in a stalemate Mortgage and interest rate predictions and the three scenarios that could cause rates to drop Whether or not a foreclosure crisis is on the horizon as home prices start to stall The most secure real estate markets in 2023 and why the “winners” of 2021 and 2022 won’t be safe The generation of forever-renters and why a nationwide rent drop isn’t as likely as it seems Which property type will see the most construction and competition in building And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram Redfin’s 2023 Housing Market Predictions Hear Our 2023 Housing Market Forecast Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-63 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Dec 19, 2022

The housing crash is always looming. If it wasn’t, how would media outlets push you to constantly stay informed, glued to the television, watching every new mortgage and inflation update? For years now, a housing market crash has been the talk of the town, with everyone from well-known news anchors to your “very informed” family members telling you that it’s only a matter of time until this house of cards comes crumbling down. But these “forecasts” aren’t as rock-solid as they may seem. This is just one of the stories we’ll touch on in this episode of On the Market, where we’re joined by our entire panel of expert guests! With the housing market in a standoff between buyers and sellers, our expert real estate investors are here to save the day, giving you the top stories that could impact your income. To start, Jamil talks about the “cancer” that’s affecting the Arizona housing market, Kathy touches on new landlord legislation, Henry hits on the US recession, and James debates the housing market doubters. But we’re not just talking about how investors are faring, we’re diving deep into a rarely-talked-about subject among investors—homelessness, housing affordability , and our impact on society. You’ll hear why investors are open to building affordable housing, but there’s one BIG hurdle standing in their way, stopping them from moving forward. We’ll also discuss whether or not landlords are the villain retail homebuyers portray them to be, and how we, as investors, can help more homebuyers reach their dreams of finally becoming owners themselves. In This Episode We Cover Homelessness, housing affordability, and why even as prices drop, first-time buyers feel out of luck Affordable housing and what the government must do to incentive landlords to act Landlord legislation and a new bill that could curtail Wall Street’s buying activity Whether or not the US has already entered into a recession and who’s hurting the most Housing crash “clickbait” and why the chances of a home price drop-off are different than you think The “money printing disease” and how the Federal Reserve ’s unregulated moves are killing the economy And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram Kathy's BiggerPockets Profile Kathy's Instagram Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-62 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Dec 16, 2022

What are your 2023 goals ? If you don’t have an answer in mind just yet, don’t worry, there’s still time to lock in your plans to have a wealth-building, financial freedom -finding, more fun (and frugal) new year . And while goal setting for many people can seem almost arbitrary, top investors, again and again, point to it as one of the reasons they’re able to hit such unbelievable heights. We’re not talking about making a few extra bucks in passive income , we’re talking about building life-changing wealth in only a matter of years . If you think you shot too high in 2022, think again. We’ve got Henry , James , and Kathy back on the show to talk about what they’ve accomplished in 2022 . To no surprise, almost all of them hit big goals, but that doesn’t mean they did everything they wanted. All of our expert guests failed at one or multiple of their goals , but funnily enough, failing meant success in other areas! They’ll walk through exactly how they set their 2022 and 2023 goals , the steps they’re taking to do the impossible , and tips you can use to hit goals you’ve never even dreamed of. Whether 2023 will be the year you buy your first, or fifteenth rental, flip a property, or finally reach financial freedom , these tips can help you no matter what stage you’re at. So tune in, bring a pen and paper, and get ready to achieve your dreams in 2023. In This Episode We Cover Our failed 2022 goals and how we’re making up for them in 2023 Big plans to buy hundreds of rentals in just one year Why falling short on a past goal could benefit other moves you’re making this year Setting hard deadlines to force yourself to accomplish what you’ve set out to do Taking a step back from “active” investing to spend more time with family and friends Vision boards, affirmations, and other techniques experts use to accomplish big goals On the Market’s plan for total podcast domination and how we’re going to make Dave the BEST Dave in the podcast space And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram Kathy's BiggerPockets Profile Kathy's Instagram Accomplish Anything in 90 Days with “The Intention Journal” Our 2022 Biggest Real Estate Mistakes The Secret to 10x-ing Your 2023 Goals | How to Set Goals Ninety.io Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-61 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Dec 12, 2022

Home buyer’s remorse , low interest rate dreams, and not taking a second look at a property. These are some touchy subjects for real estate investors who had wins but also big losses in 2022 . While real estate investing is one of the best ways to grow generational wealth, it still has its home-induced headaches, either from going over budget on a project , waiting too long to buy , or doing the wrong rehab . But don’t get down if you made any of these mistakes. Our expert investors have done the same! Welcome back to On the Market . In today’s show, Dave, Henry, James, and Kathy, talk about the biggest real estate regrets and mistakes made in 2022 . This show proves that even if you’re experienced, you can still fall prey to making mistakes and losing hundreds of thousands of dollars doing the wrong deals. But this isn’t all doom and gloom. The cast shares lessons learned from these big mistakes so listeners like you can avoid these money-hemorrhaging life lessons the next time they pop up in your life. We also talk about some of the biggest mistakes across the news in 2022. These span from the FTX crash and SBF’s fall from grace, the crypto slump of this year and last, and why so many buyers were caught off guard by the almost unprecedented interest rate hikes of earlier this year. Tune into this episode, and stick around for next week’s as we give a glimpse at what we’ll be doing to build even more wealth in 2023 ! In This Episode We Cover Knowing your numbers and how going over budget on a renovation is easier than most people think Interest rate nostalgia and why locking down a low rate beats a better home price Permitting hold-ups and how avoiding a site visit could cost you hundreds of thousands The FTX crash and crypto’s demise over the past two years (and what caused it) 2023 mortgage rate predictions and whether or not we’ll see four percent rates within the next year Why every great real estate investor has a bad contractor story And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram Henry's BiggerPockets Profile James' BiggerPockets Profile Kathy's BiggerPockets Profile Henry's Instagram James' Instagram Kathy's Instagram How to Deal With Regret in Real Estate Biggest Red Flags of a Bad Contractor Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-60 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Dec 9, 2022

After Hurricane Ian , Florida real estate took a huge hit . With multiple communities literally underwater and the entirety of Southwest Florida facing pricey home repairs, Florida went from being the Sunshine State to the “do we have enough insurance?” state overnight. And with more and more natural disasters taking shape across the US, how can homeowners, landlords, and renters prepare for what mother nature is throwing at us ? Thanks to both heavy state and federal funding, Florida is well on its way to a successful recovery , but how did this happen? To learn more about the ins and outs of disaster recovery , we brought on Jeremy Edwards , Press Secretary at FEMA (Federal Emergency Management Agency), to share what the federal government is doing to aid in building back communities . Jeremy touches on storm tracking, pre-disaster preparedness, flood insurance coverage, and temporary housing programs landlords can use to help affected areas. We also take a detour to talk about the rising insurance costs in disaster-prone areas like the Gulf Coast and the flood mitigation assistance grants that FEMA has set up for local governments to lower their chances of a devastating event. Jeremy also talks about what private homeowners can do if they don’t have enough insurance coverage , and how they can build back better so their own homes are protected when disaster strikes. Read More About Substantial Damage Determinations Here. In This Episode We Cover The financial impact that Hurricane Ian had on the state of Florida Rising home insurance rates and how the government is stepping in to help Why investors are still buying in areas that are highly impacted by hurricanes Flood insurance and FEMA’s assistance to homeowners that need more coverage Temporary housing assistance and how landlords can help those in need Hurricane, wildfire, and other disaster prevention that could save you tens of thousands The timeline for a full recovery in heavily affected hurricane areas And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram Read More About Substantial Damage Determinations Here National Risk Index ClimRR Fema’s: Individual Assistance Line: 1-800-621-FEMA (1-800-621-3362) Disaster Assistance Ready Listo FEMA App Connect with Jeremy: Jeremy's LinkedIn Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-59 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Dec 5, 2022

Zillow , Opendoor , and other iBuyers made quite a name for themselves over the past two years. By buying up every house on the block , iBuyers quickly became the “no work, best price, all cash” alternative to selling through an agent or a wholesaler. These huge, wall-street funded businesses were buying thousands of homes in the blink of an eye, doing some quick repairs, and flipping them in record time. But even with all this activity, iBuyers were slowly hemorrhaging money , causing most of them to crash and burn within the past year. Now, all that’s left standing is Opendoor and Offerpad , two of the most experienced iBuyers around. But will either of these giants survive until the end of 2023? With home prices starting to plummet , interest rates rising, and last year’s homeowners not looking to move, will Opendoor and Offerpad bleed out before they get another shot at this wild housing market ? We brought in real estate tech strategist, Mike DelPrete , to give his opinion on the future of iBuyers. Mike has been watching iBuyers for a while. He’s seen them creep into towns, buy up inventory, just to sell at a loss months or years later. He knows what competition looks like for real estate investors, and he doesn’t think iBuyers offer much of a threat. Mike walks through the current state of iBuyers, how they could end wholesaler and realtor careers , why most iBuyers were designed to fail , and why companies like Opendoor and Offerpad may be forced to pivot strategies very soon. In This Episode We Cover How 2022’s housing market almost destroyed the iBuyer industry A huge threat to real estate agents and wholesalers from iBuyers The massive operational expenses that destroyed businesses like Zillow Offers The iBuyer’s “ path to profitability ” and why it’s almost impossible to achieve Why homebuyers are refusing to buy the soulless flips iBuyers offer Whether or not iBuyers will be able to survive this current housing correction And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram Jamil's BiggerPockets Profile Jamil's Instagram Predators and Prey Article Opendoor Algorithm vs. Local Flipper iBuyer Opendoor Offerpad Connect with Mike: Mike's website Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-58 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Dec 2, 2022

House flipping was almost a guaranteed win in 2020 and 2021. With home prices steadily rising and interest rates dropping, throwing on a new coat of paint was often enough to make a six-figure profit on what would otherwise be a basic home. House flippers got accustomed to doing quick jobs while walking away with almost unbelievable returns. But, many of them got overconfident. Now with the housing market in a correction and the US on the edge of a recession, flippers find themselves with inventory no one wants to buy. But, this isn’t the case for every flipper. The time-tested expert investors knew that this would happen, and as a result, they’re still making a killing on their flips . Some of these flippers are joining us on the show today. As always, we’ve got Seattle-based superstar, James Dainard to give his multiple-decade-long take on house flipping. And, joining as new guests are Dominique Gunderson , New Orleans-based flipper, and Leka Devatha , luxury flipper and one of James’ favorite buyers! These three house flippers operate in very different ways. James touches on multi-million-dollar luxury flips and multifamilies, Leka focuses more on high-end yet still affordable flips and Dominique provides high-quality housing at a reasonable price for residential buyers down south. These are three flippers who have NOT let the market change their business plans , and because of some smart moves (which they share on today’s episode), they’re still sitting pretty and getting deals done, even as the market starts to slide. In This Episode We Cover Inflation rate updates and some good news for investors How 2022 took many flippers by surprise and put inexperienced investors out of business Labor and material cost updates and why flippers are still running into inventory problems The risk behind flipping and whether or not high interest rates makes make it worth it Tips for new flippers who want to get into the market without getting burnt The danger of not diversifying and how sticking to one asset class can destroy your wealth 2023 house flipping predictions and how to protect your wealth if home prices tumble even further And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram James' BiggerPockets Profile James' Instagram Project|RE Real Estate Investing with James Dainard Rehabit Homes BiggerPockets Podcast 587 with Dominique BiggerPockets Podcast 390 with Leka Connect with Dominique & Leka: Dominique's BiggerPockets Profile Dominique's Instagram Leka's BiggerPockets Profile Leka's Instagram Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-57 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Nov 28, 2022

Short-term rentals have had a serious run over the past two years. As soon as interest rates dropped, everyone decided that buying a vacation rental or second home was the best move to make. This led to a surge in short-term rental investments across the US, as hosts began to almost outnumber guests. Now, vacation rentals are seeing a dramatic slowdown while a recession starts to shape, as Americans are less concerned about taking vacations and more about keeping their jobs. So where is the vacation rental market headed? Were short-term rentals just a short-lived fad that could fade out faster than it took to be born? Or, is this a mere blip on the radar of vacation rentals, as guests still prefer hosts over hotels? We brought on Avery Carl , Jenny Yi , and Tony J. Robinson , three experienced short-term rental investors, to walk us through exactly what is happening in the market, what moves they’re making, and advice for getting through a recession . We also talk about short-term rental regulations , which, surprisingly, many of the expert investors are in favor of. They speak on the saturation of “blue chip” vacation markets , and how some sleepier towns offer much better prospects for profit than the vacation markets most Americans know and love. If you own a vacation rental, plan on buying one, or just like staying at them, this episode gives you in-the-field opinions that most hosts won’t admit. In This Episode We Cover Who’s hurting and who’s thriving as the short-term rental market starts to lag How to identify new markets that have low competition and high tourism potential Short-term rental regulations and why it isn’t all bad news for hosts How a 2023 recession could affect vacation rentals and vacation spending Advice for new hosts as bookings and revenue starts to decline during a downturn Vacation home price drops and whether or not this type of real estate is more vulnerable than the rest And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram Real Estate Rookie Podcast Tony’s Video on Short-Term Rental Recession Data Book Mentioned in the Show Short-Term Rental, Long-Term Wealth by Avery Carl Connect with Avery, Tony, & Jenny: Avery's Instagram Avery's BiggerPockets Profile Jenny's Instagram Tony's Instagram Tony's BiggerPockets Profile Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-56 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Nov 25, 2022

Inflation may have just peaked . And with it, mortgage rates could come crashing down sooner than economists expect. But what would cause a scenario like this, especially as the Federal Reserve continues to bombard Americans with higher and higher interest rates ? And, with supply chain shortages abound, how do we know that inflation won’t boomerang back in 2023, creating an even worse problem than before? Stick around. Dave has the answers. For the past year, Americans have dealt with high inflation rates and the crushing weight of purchasing power declining . Food, energy, electronics, and most importantly, housing , have skyrocketed in price . To tame this economic beast, the Fed unleashed a series of almost unimaginable rate hikes, slowing down homebuying, borrowing, and business building in the process. This was part of the plan, and we’re just now seeing the effects of these high rates on inflation. But what will happen once inflation numbers start to cool ? Will the Fed suddenly lower interest rates and turn the housing market tap back on again? Will droves of homebuyers get back into the market, causing the same amount of competition that high rates were supposed to solve? Assemble your post-thanksgiving sandwich, plug in, and get ready for some up-to-date data drops from Dave Meyer. In This Episode We Cover November's latest inflation rate updates and some good news for the American economy The three reasons why inflation could start to dramatically drop in 2023 How a global recession could foil the Fed’s plan and shoot rates back down Whether or not mortgage rates will reverse once the Fed hits their target inflation rate How the ten-year treasury yield almost identically maps mortgage rates China’s lockdowns , Russia’s invasion of Ukraine, and other global events that shocked the supply chain And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram 2023 Mortgage Rate Outlook—You Won’t Believe What Could Happen The Fed’s Plan for Future Interest Rates Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-55 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Nov 21, 2022

BRRRR investing , house flips , five-figure rental properties, and silicon prairie dogs are all part of this On the Market episode. We asked our panel of expert guests to bring in some of the juiciest deals they’ve been doing so we can compare and contrast which real estate investing strategies are working best in today’s housing market. Surprisingly, even with this panel of investing all-stars, we’ve got deals and steals costing only $70K , but also home-run rentals in the seven and eight-figure price points. But this isn’t just a bragathon—our expert guests walk through exactly how they picked up these insane deals for cheap , the strategies they’re using to cash flow from day one, and how they’ll use their tax benefits to pay for the next round of real estate deals! If you want to know how to make six-figures worth of equity for free , build a “bulletproof” BRRRR strategy, or ensure you turn a profit on your next real estate deal, this is the episode to listen to! We also take a question from the On the Market Forums concerning rent raises and how to price your rental property . It can be tempting to set your rental price at an all-time high rate, as renter demand skyrockets. But, this could lead to unintended consequences that could not only hurt your property but bombard you with headaches from a future tenant. We’ll give tips and tricks on the best way to get around this! In This Episode We Cover Four killer real estate deals from our expert guests and how you can copy their strategies for the same results Where to find cheap rental properties that will cash flow even in today’s market Real estate exit strategies and three different ways to ensure a profit on your next deal Large multifamily investments and why the tide may have already turned for sellers Short-term rental investing and walking into six-figures worth of real estate equity immediately after purchase How to price your rental property so you don’t suffer vacancy OR get the wrong tenant And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Henry's BiggerPockets Profile James' BiggerPockets Profile Jamil's BiggerPockets Profile Kathy's BiggerPockets Profile Dave’s Instagram Henry's Instagram James' Instagram Jamil's Instagram Kathy's Instagram Book Mentioned in the Show Real Estate by Numbers by J Scot & Dave Meyer Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-54 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Nov 18, 2022

Knowing how to invest during a recession is what separates the good from the great investors. Most veteran real estate investors know that during downtimes, the lucky landlords get swept away while the intelligent investors start to pad their pockets with deals others are too scared to take. This is both an opportunity and learning experience for all the listeners who are waiting to get their first, or next, real estate deal. Now may be one of the best times to strike! But we don’t have Dave leading the charge this week. Jamil Damji, an investor who made millions during the last housing crash , is here to share five of the best ways to build wealth during an economic downfall . Jamil uses this show to test all of his theories with our expert guests as he double-checks if his tips are truly being used by the masters of multifamily, house flipping, buy-and-hold, and more. Whether you have zero rentals, ten, or three hundred, this episode will give you everything you need to start hitting future home runs with the deals you do today. None of these strategies are too complicated for any investor, and all of them work in today's market . These are the buying opportunities we’ve been waiting for! In This Episode We Cover Why “buying deep” and padding your pro forma can create huge profit potential in deals bought today Getting creative with your financing and funding of real estate deals to buy more for less How to hold on to properties even with high interest rates and declining home values Who to negotiate with to get foreclosures and short sales for pennies on the dollar Partnering with other investors to raise money for deals too good to pass up Building your buyers list and why now may be one of the best times yet to wholesale real estate And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel On The Market Podcast 31 with John Burns On The Market Podcast 17 with Rick Sharga 3 Reasons to Invest in Real Estate During a Recession Dave’s BiggerPockets Profile Henry's BiggerPockets Profile James' BiggerPockets Profile Jamil's BiggerPockets Profile Kathy's BiggerPockets Profile Dave’s Instagram Henry's Instagram James' Instagram Jamil's Instagram Kathy's Instagram Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-53 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Nov 14, 2022

Cap rates affect multifamily investing more than most investors come to realize. If you’re in the commercial real estate space, you know that as cap rates decrease, price points for apartment complexes increase. And, as cap rates start to expand , multifamily prices begin to dwindle. With rising interest rates and high labor/material costs , the multifamily market should see a decline in property valuations . But that isn’t what’s happening. Behind the scenes, a group of investors is unknowingly keeping this multifamily boat afloat, artificially inflating cap rates and keeping prices at record highs . The problem? This makes average asset prices skyrocket to almost unaffordable levels, ruining the playing field for any investors who can’t outright buy a multi-million dollar property in cash. Ashley Wilson , experienced multifamily investor, calls this the “cap rate con” and blames much of today’s high multifamily pricing on it. Ashley is a veteran real estate investor with a decade and a half of experience . She’s been investing in large multifamily housing since 2018 and is shocked at what’s happening today. This “multifamily madness” is affecting investors across the board, and she’s convinced that it must come to an end. But what’s causing these inflated prices? How are multifamily investors reacting? And is there still space for the new investor to make money? You’ll have to tune in to find out! In This Episode We Cover How a pandemic-fueled buying spree massively inflated multifamily housing cost 1031 exchange investing and how “all cash” buyers are damaging the system The “cap rate con” leading to surging property price hikes without reasoning How to evaluate a multifamily investment property in three different ways Advice for passive real estate investors and those investing in syndications Whether or not a wave of multifamily defaults is on the horizon And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram James' BiggerPockets Profile James' Instagram Book Mentioned in the Show The Only Woman in the Room by Ashley Wilson Connect with Ashley: Ashley's BiggerPockets Profile Bar Down Investments Apartment Addicts Ashley's Instagram Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-52 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Nov 11, 2022

The housing market has shown homebuyers both fierce love and abuse throughout 2022 . At the start of the year, offering anything other than twenty thousand above asking was seen as an insult to a seller. Now, the seller is offering you a foot massage on your way into their open house. But we’ve known about this for months. Rising rates paired with home prices that are still (arguably) too high have made homebuyers think twice about buying in the first place. But is this true in every real estate market? We brought on two agents , both in very different markets , to get their take on whether or not the housing market has finally flipped. Niyi Adewole , Atlanta-based investor and real estate agent, spent the last couple of years helping himself and his clients build bigger portfolios. Ryan Blackstone , northwest Arkansas-based investor and realtor of our very own Henry Washington, has seen buyers start to bounce from his market, but not close to as fast as most would expect. Both these expert agents share exactly what’s happening in their real estate market and how buyers, sellers, and investors should prepare if they want to make moves in the next year or two. While Niyi and Ryan have different clientele, they’re coming to the same conclusions about where the housing market is headed , with extremely useful advice no matter where you stand right now. In This Episode We Cover In-the-field advice from top agents in two hot housing markets How buyers have taken control , and the concessions sellers are willing to make Price drops , cheap labor, seller credits, and more good news for buyers Whether or not buyers are dropping off as unaffordability spikes Days on market, active inventory, and other important metrics to pay attention to Buying in down markets and why now may be the best opportunity to strike And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram Henry's BiggerPockets Profile Henry's Instagram Connect with Niyi and Ryan: Niyi's BiggerPockets Profile Ryan's BiggerPockets Profile Niyi's Instagram Ryan’s Real Estate Team Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-51 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Nov 7, 2022

Self storage investments aren't sexy. Most investors wrote them off for decades, with many of them not even considering self storage as true real estate. As more facilities were being built in the 1970s and 1980s, average investors looked down on self storage operators, seeing them as nothing more than owners of some concrete and metal. And who could blame them? Apartments, hotels, and other popular real estate ventures had proven track records, industry-specific technology, and a true “need” in the market. It wasn’t until after 2008 that this perception completely changed. AJ Osborne , one of the largest self storage operators in the world , built his business at a time when no one wanted to touch self storage. But, as his portfolio grew and the industry turned around, more and more investors saw self storage for what it was: a low-risk, high- cash flow real estate investment . But now, with self storage hitting its all-time high in popularity, could the market slowly be getting saturated? AJ has theories about who will and won’t get burnt over the next few years . His strong opinion on this industry is backed by a massive amount of expertise that few can rival. AJ, unlike many of his competitors, does NOT think that self storage is “recession-proof,” but he does still think that investing in this asset correctly, especially now, could be a game changer for any investor interested in a life of financial freedom . In This Episode We Cover AJ’s journey from insurance salesman to full-body paralysis and later self storage king Why self storage is a misunderstood asset that most investors dismiss too easily The explosion in self storage since 2008 and why Americans are storing more than ever before Commercial financing and what banks want to see when buying a self storage facility Whether or not institutional investors could own the entirety of the self storage industry in the near future Location, lighting, design, and other aspects that make a facility high demand AJ’s advice for brand-new investors trying to get started in self storage investing And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram James' BiggerPockets Profile James' Instagram BiggerPockets Podcast 286 Connect with AJ: AJ's BiggerPockets Profile AJ's Instagram AJ's Website Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-50 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Nov 4, 2022

Landlords got used to rent prices growing every month. As home prices rose and affordability shrank, more landlords took steps to secure their cash flow by increasing rents by sometimes ten, fifteen, or even twenty percent. And, with inflation stronger than ever , most renters would be willing to pay for it. But, a reversal is happening in the housing market —one that many landlords aren’t prepared for. Our data-first duo of Dave and Kathy are back on the show today to have a one-on-one debate over what’s causing rent prices to drop. Kathy, who has invested in numerous market cycles, knows a thing or two about what causes rents to dry up, and when we can expect growth to come back . Surprisingly, even large investors like Kathy welcome this change in rent direction. Her team has been expecting this for quite some time now! Dave also brings in some high-value data this week to show which housing markets are seeing the most dramatic drops in re nt and which are seeing double-digit growth even as the economy starts to stall. Finally, Dave and Kathy touch on multifamily’s vacancy dilemma and why there are contradictory opinions on where apartment investments could head next. If you collect rent, pay rent, or want to make cash flow, this data is crucial to you! In This Episode We Cover What caused rent growth to increase so much over the past two years How the federal reserve manipulated the housing market to cause high home prices coupled with higher rents Why rents are starting to slow down and a hint at why many landlords aren’t so worried The real estate markets that are seeing the worst and best rent growth in America Our continuous supply and demand problem and why millennials have been forced to pay high prices Multifamily rental data that could spell out a dream or disaster scenario for apartment investors And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent BiggerPockets Bootcamps Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram Kathy's BiggerPockets Profile Kathy's Instagram Hear Our Interview with Multifamily Expert, Caitlin Sugrue Walter Grab This Week’s Data Drop Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-49 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 31, 2022

Today’s housing market has a lot of people scared , and investors are worried as well. Home prices are starting to slump, inflation is hitting decade-long peaks , and interest rates have turned everyone’s cash flow cushions into break-even deals at best. Is there any respite in the wild real estate market ? And why do top investors seem so excited about it? We’re back on another correspondents episode of On the Market , where Professor Dave has asked students Henry, James, and Kathy to bring in their favorite real estate market news for show-and-tell. These stories hit different aspects of the housing market, showcasing the cracks forming in the overall economy and what investors need to be prepared for to react. We talk about how home flips are being discounted across expensive coastal cities, why rent price growth is starting to stall , and how buyers got their negotiation power back . We’ll also be touching on the recent inflation data , showing that we have a long way to go until we return to the good ol’ days of two-percent price growth. Then, we take a request from the On the Market Forums where we answer an age-old question: When should you sell a BRRRR property? All this, and more, coming up on this week’s data-first housing market deep dive! In This Episode We Cover Another nasty inflation report and what this could mean for the housing market Why flips are becoming riskier in today’s volatile market and how to prep for a profitable flip Rent growth data and which markets as seeing the strongest (and weakest ) rent growth numbers in the nation Why buyers are asking for more repairs, bigger seller concessions , and lower prices When to sell a BRRRR property and using cash-on-cash return vs. ROE (return on equity) Fool-proof deal analysis and why investors need to be careful buying in 2022 and 2023 And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram Jamil's BiggerPockets Profile Jamil's Instagram Kathy's BiggerPockets Profile Kathy's Instagram NPR Price Drops Redfin Rent Growth USA Today Punch List Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-48 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 28, 2022

US housing markets have started to shift . The massive run-up in home prices eventually led us to high interest rates , high inflation , and a generation of renters who can’t afford to buy, even with price cuts. This should come as no surprise, as Moody's Analytics estimates that some eighty percent of real estate markets are overvalued . Of those markets, where are the opportunities to invest the highest as prices naturally start to decline? Instead of speculating, we brought Cris deRitis , Deputy Chief Economist at Moody's Analytics, onto the show to explain why this is happening, what his team is forecasting, and how investors like us can stay prepared. Cris and his team diligently look through data to predict how the housing market will move . He knows that it’ll take time for the market to finally reach equilibrium again. But, unfortunately, this may not happen any time soon. Cris’s team is focusing on looking at a few things: demographics , supply , and demand . Each influences the others severely and leaves hints at where the housing market is headed next . Dave and James tag-team this episode, touching on whether US housing will become even more unaffordable, long-term home supply predictions, affordable housing , and a demand drop-off that could end real estate investing over the next decade. In This Episode We Cover Overvalued housing markets and why most homes in the US aren’t worth the price How to forecast housing market movements and the most important factors to look for Whether or not the US will end up like other countries with astronomical home prices Home price drops and how bad it could get in the most overvalued cities Which real estate markets will still see price growth in the coming months/years The myth of affordable housing and why everyone (and no one) wants to build it Population drop-offs, demand shifts, and other future events that could kill the housing market And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram James' BiggerPockets Profile James' Instagram Book Mentioned in the Show Real Estate by Numbers by Dave Meyer & J Scott (Use Code “DAVE” For 10% Off!) Connect with Cris: Cris' Email Cris' LinkedIn Cris' Twitter Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-47 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 24, 2022

The 2023 housing market predictions are here. We heard you in the forums, the comments, and all over social media. We know you want Dave, the data man, to give you his take on what will happen over the next year . Will housing prices fall even more? Could interest rates hit double digits ? And will our expert guests ever stop buying real estate? All of this, and more, will be answered in this week’s episode of On The Market . Unfortunately, Dave threw his crystal ball in with his laundry this week, so he’s relying solely on data to give any housing market forecasts . He, and our expert guests, will be diving deep into topics like interest rates , inflation , cap rates , and even nuclear war . We’ll touch on anything and everything that could affect the housing market so you can build wealth from a better position. We’ll also discuss the “ graveyard of investment properties ” and how one asset class, in particular, is about to be hit hard. With so much affecting the overall economy and the housing market , it can be challenging to pin down exactly what will and won’t affect real estate. That’s why staying up to date on data like this can keep you level-headed while other retail homebuyers run for the hills, scared of every new update from the Fed . Worry not, this episode is packed with some good signs for investors, but also a few worrisome figures you’ll need to pay attention to. In This Episode We Cover The most important variables that could impact 2023’s housing market Which asset class will be hit hardest by price cuts and where investors can find deals Inflation , bond rates , and how the federal funds rate could impact homebuying Housing price predictions for 2023 and how far home prices could slide The seller’s vs. buyer’s market and how brand new investors can take advantage Whether or not cap rates will start to increase even as inflation pushes rents higher And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram Jamil's BiggerPockets Profile Jamil's Instagram Kathy's BiggerPockets Profile Kathy's Instagram Reviewing Dave’s 2022 Housing Market Predictions Hear Our Predictions from Earlier This Year Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-46 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 21, 2022

Finding cash flow isn’t easy, especially with rising interest rates , high home prices, inflation , and an economic crunch on everyday investors. Where is the best place to park your cash while riding out today's economic unfolding? Some say vacation rentals—the highly popular (and even higher cash-flowing) real estate strategy many new investors have adopted. But what about medium-term rentals ? They’re a cross between regular rental properties and short-term rentals, marketed mainly to traveling professionals , travel nurses , and digital nomads . How is this under-the-radar strategy faring? Unfortunately, we can’t ask Dave this question. But, we can ask Sarah Weaver and Zeona McIntyre , two financially free medium-term rental experts and authors of the new book, 30-Day Stay . Zeona, a former short-term rental fanatic, changed her strategy after finding that medium-term rentals provide similar cash flow with far less work . Sarah Weaver, investor and real estate coach, lives her nomadic lifestyle thanks to a portfolio of high-performing medium-term rentals. The most attractive thing about this strategy is that it can work almost anywhere , in less expensive homes, with far less work necessary . That means you get to keep traveling, investing, or whatever you like to do best, while your rental properties quietly pump out passive income . In this episode, you’ll hear all about this extremely lucrative strategy , how today’s housing market is affecting it, and what you can do to set your medium-term rental apart from a sea of others. In This Episode We Cover The medium-term rental strategy explained and in which markets it works best Medium-term rentals vs. short-term rentals and the differences you can expect in cash flow, occupancy, and property price How high inflation and limited discretionary spending will affect the medium-term rental market The hands-off management style medium-term rentals provide investors Furnishing your rentals for cheap and how to have a headache-free setup Rental regulations and how new laws could affect medium-term rental investors And So Much More! Links from the Show Find an Investor-Friendly Real Estate Agent BiggerPockets Forums BiggerPockets Agent Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Dave’s BiggerPockets Profile Dave’s Instagram Kathy's BiggerPockets Profile Kathy's Instagram Furnished Finder Stats Book Mentioned in the Show 30-Day Stay by Sarah Weaver and Zeona McIntyre (Use Code “SARAH” or “ZEONA” for a discount) Connect with Sarah & Zeona: Sarah's BiggerPockets Profile Zeona's BiggerPockets Profile Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-45 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 17, 2022

Dollar-cost averaging is advice we’ve all been given. But, during a crash, or even a dip, it can be enticing to throw all your savings into an investment with hopes that it’ll quickly skyrocket back up. Is this a smart move , or would this ruin the “consistent investing” advice altogether? To help clear things up, we’ve brought on Nick Maggiulli , author of Just Keep Buying : Proven ways to save money and build your wealth . Nick, just like Dave, has been a spreadsheet freak for a long time. They bond over their love of data and how looking at the numbers can help you make much better investing decisions . In a time where FOMO-investing, financial freak-outs, and anxious feelings toward inflation run rampant, Nick provides some soothing words on how any investor in any asset class can successfully start building wealth with little-to-no effort. Dave, Nick, and expert guest Henry Washington also riff on REITs (real estate investment trusts) , real estate investing, and advice for new investors. Whether you prefer stocks, bonds, rental properties, crypto, or a mix of all four, this episode will provide some much-needed advice for you to make it through the recession with far less stress. In This Episode We Cover Dollar-cost averaging and whether this investing strategy works for real estate FOMO investing and why so many people buy at the top The two different definitions of dollar-cost averaging and which is the better bet Investing during an economic crash and how even uninformed investors can make money Advice for brand new investors and why now may be the best time to invest And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Agent Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Find an Investor Friendly Agent in Your Area Dave’s BiggerPockets Profile Dave’s Instagram Henry's BiggerPockets Profile Henry's Instagram Books Mentioned in the Show Real Estate by the Numbers by Dave Meyer and J Scott Just Keep Buying by Nick Maggiulli Connect with Nick: Nick's Website Nick's Twitter Nick's Instagram Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-44 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 14, 2022

Gen Z , the generation just on the cusp of homebuying age , may not have a chance to buy homes in the first place. For years, we’ve heard how millennials have been struggling to buy homes —but what about the generation behind them? With rising affordability issues, wages that won’t match inflation , and a recession on the horizon, will this newest generation ever be in the clear to become homeowners? Or, will they become the largest generation of renters the world has ever seen? In today’s episode, Dave breaks down the data behind the demand , showing where Gen Zers are heading , what they’re buying, and whether or not they even want to buy homes at all. This data highlights significant differences in where renters/homebuyers of this generation are moving. Landlords, pay close attention —buying in any of these high-demand cities could mean steady rent checks for years to come. We also chat with twenty-four-year-old investing mogul , Soli Cayetano , a Bay Area-based investor who grew her portfolio entirely out-of-state. Soli, being one of the oldest Gen Zers, has insight into why some of her peers will/won’t be buying homes anytime soon. She also gives some stellar advice to new or young investors just getting into the rental property game. In This Episode We Cover Whether or not millennial housing demand is peaking and how household formation is changing Gen Z’s outlook on homeownership and why many are choosing to rent The top cities where Gen Z renters and homebuyers are moving to Home affordability and why it may stop Gen Z dead in their tracks The easiest way for Gen Z to begin investing in real estate (low money down!) Starting and scaling an out-of-state rental property portfolio And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Agent Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Find an Investor Friendly Agent in Your Area Dave’s BiggerPockets Profile Dave’s Instagram Yardeni Demographic Data Rocket Homes moveBuddha NYT/CommercialCafe Book Mentioned in the Show Real Estate by the Numbers by Dave Meyer and J Scott Connect with Soli: Soli's BiggerPockets Profile Soli's Instagram Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-43 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 10, 2022

Commercial real estate isn’t the sexiest asset class out there. With industrial, office, and warehouse buildings, most investors are enticed by single-family homes , duplexes, triplexes, and other “traditional” types of real estate. But in a recession , these may not be the best asset classes around. J Scott , author, investor, syndicator, and the godfather of flipping, thinks these often overlooked asset classes could be primed to explode in value over the next few years. Welcome to On the Market , where familiar faces Dave Meyer and Henry Washington invite J back to the show to talk about inflation , interest rates , and the best real estate opportunities around. We also talk about the importance of knowing how to analyze deals during times like these, as price drops could allow you to build wealth far faster than ever before . If you’re still new to real estate, waiting to get your first deal, or want to build your portfolio to greater heights, grab Dave and J’s new book, Real Estate by the Numbers , where they go into factors behind the formulas. In this episode, we debate single-family homes vs. large multifamily and commercial investing , how to go beyond the numbers, and the crucial questions to ask when buying or selling a real estate deal. Plus, you’ll peak into the minds of one of the most successful real estate investors around, whose track record speaks volumes, and hear exactly what he’s buying in this market. In This Episode We Cover Why many real estate investors are choosing to sit on the sidelines as interest rates rise Whether or not the housing market will change as the recession becomes real The long-term and short-term investment opportunities for real estate investors Investment property niches and which have the highest ROI in today’s housing market Are single-family homes still worth buying , or are they far too overpriced? How to avoid the trap that 95% of real estate investors fall into And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Agent Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Find an Investor Friendly Agent in Your Area Dave’s BiggerPockets Profile Dave’s Instagram Henry's BiggerPockets Profile Henry's Instagram Book Mentioned in the Show Real Estate by the Numbers by Dave Meyer and J Scott (Use Code “DAVE” or “JSCOTT” for 10% Off) Connect with J: J's BiggerPockets Profile J's Website Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-42 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 7, 2022

The 2020-caused supply chain shortage went from bad to worse over the span of just a month. By the summer of 2020, builders were facing massive delays , a lack of labor, and material prices that made new homes look almost comically unaffordable. Lumber skyrocketed in price, basic building materials sat on ships for weeks, even months at times, and subcontractors left to get paid more by working for themselves. Is this nightmare finally over for the new construction industry? Joining us today is build-to-rent expert Chris Funk from Southern Impression Homes. Chris got into real estate investing around the same time as the last crash. He was buying foreclosed homes off the courthouse steps , then later built a property management company and a new development company he still owns and operates today. He realized that buying new build homes as rental properties significantly reduced his maintenance and management costs, without adding too much of a price premium. Now, he’s working with investors across the nation to offer new-build quality at regular residential pricing to those who want a headache-free investing experience . But Chris doesn’t just supply the homes, he also works with investors to get property management set up from day one, so it’s as turnkey as can be. Chris gives his read on today’s market, what investors should look for before they buy , and whether or not our supply chain nightmare is over! In This Episode We Cover Why build-to-rent investment properties are a great option for the average investor The most important metrics to look at when analyzing a real estate market Supply chain shortages , labor setbacks, and where construction companies stand in 2022 Price drops and how far new home listing prices could fall as demand dries up The risk of investing in a renter-only subdivision and why homeowner/renter diversity matters A crucial clause to look for when signing to buy a new build home And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Agent Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Find an Investor Friendly Agent in Your Area Dave’s BiggerPockets Profile Dave’s Instagram Kathy's BiggerPockets Profile Kathy's Instagram 4 Vital Points to Consider BEFORE Getting Into New Construction The FRED Producer Price Index Connect with Chris: Chris' Website Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-41 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Oct 3, 2022

Housing demand has caused home prices to explode over the past two years. But, even as interest rates rise , the Fed tries to curb inflation , and would-be- homebuyers enter back into the renter’s market , there still isn't enough land to go around. For developers like Tommy Beadel , this is a good problem to have. On one hand, tailor-made homes for new homebuyers sell out quickly, but without a ton of deals to go around, where do you go to find good dirt? Tommy is the CEO of Thomas James Homes , rebuilding experts in the Seattle, SoCal, Silicon Valley, Denver, and Phoenix markets. They do what most flippers won’t— buying old, often outdated homes, tearing them down, and rebuilding them to fit today’s standard. Doing this allows them to sell at the highest price to a consumer that only wants the best and latest home to buy. They skirt the line between new development and renovating/rehabbing homes, but this niche has paid off . Unsurprisingly, Tommy came from a background like most of us. He attended a real estate seminar , surprisingly didn’t get scammed , and house hacked right out of college. His passion for real estate grew from there, taking him from the mortgage industry to investing and now building. But Tommy is convinced that his niche isn’t a cyclical one. Instead, it’s something he can rely on that will stand the test of time. He’s got the data to back it up, and you’ll hear all of it in this episode. In This Episode We Cover The “tear down, build up” style of new construction and why there’s so much demand for it The property product-market fit and how today’s trends show what a homebuyer wants Scalability vs. predictability and the most crucial aspect of growing a real estate business What predicts a profitable housing market and the data you need to know before you invest Material and labor costs and some good news for builders/rehabbers Entering back into a “middle-ground housing market” as sellers and buyers reach a stalemate And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Agent Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Find an Investor Friendly Agent in Your Area Dave’s BiggerPockets Profile Dave’s Instagram James' BiggerPockets Profile James' Instagram Where Does Housing Demand Exceed Supply? Use NeighborhoodScout to Find Market Data in Your Area Connect with Tommy: Tommy 's LinkedIn Thomas James Homes Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-40 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 30, 2022

The Federal Reserve has spent the past year or so fighting inflation as hard as they can. They’ve raised the federal funds rates , resulting in a stunted housing market , higher unemployment , and more economic uncertainty as the fear of a recession becomes more real by the second. Their end goal is simple: control the cost of goods and services to the best of their ability, and they’re doing anything and everything to get there. Last week, Jerome Powell and the Federal Reserve made statements that foreshadow clear economic impact . No matter what line of work you’re in, how you’re investing, or whether or not you even pay attention to the economy, you will be affected . This war against inflation has caused some serious economic backlash, but the worst may be yet to come . On this Friday episode of On The Market , Dave takes some time to decipher what Jerome Powell (Chair of the Fed) meant by his statements. What type of economic impact can you expect over the next coming months, and how will real estate investing, interest rates , and returns be affected by this news? If you’re a renter, homeowner, or still shopping the market, this news directly affects you. In This Episode We Cover How federal funds rates indirectly affect mortgage rates rising and falling Mortgage and interest rate predictions and how long we’ll remain in “high rate” territory The Fed’s focus in the next few years and what they’ll do to ensure inflation declines Housing market forecasts for 2023 and a glimmer of hope for buyers The oncoming economic recession and how the Fed is building the perfect storm for unemployment Bond yields vs. mortgage rates and how they too work in tandem And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Agent Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Find an Investor Friendly Agent in Your Area Dave’s BiggerPockets Profile Dave’s Instagram Housing is Unaffordable, But Could It Actually Get Worse? The Fed Basically Admitted It. They Want a Housing Correction Read Jerome Powell’s Full FED Transcript Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-39 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 26, 2022

Don’t you love Wall Street ? From artificially inflating the housing market to kicking first-time homebuyers to the curb , and now, selling off their inventory at a fraction of the cost. Wall Street and hedge funds alike seem to be the big landlords giving the rest of us a bad name. But, their latest blunder could bring about good news for the average mom-and-pop investor , house hacker, or even regular first-time homebuyer. Welcome back to On The Market , your bi-weekly update on everything related to real estate. Today, our panel of expert investors has brought along the most pressing stories related to property buying, selling, flipping, and wholesaling. You’ll hear why Wall Street may be turning away from real estate investing entirely, the Fed’s backpedaling on their money printing mistake, why new listings are dropping off , and which cities make the list of the most vulnerable housing markets in America . There’s no need to start getting sweaty—although many headlines seem anxiety-inducing for the average renter, homebuyer, or seller, for real estate investors, most of this is great news . With buying opportunities almost burying us, 2022 is starting to look a lot more lucrative than we thought it would! Wondering what’s the best move to build wealth ? Stick around! In This Episode We Cover How treasury yield rates have forced Wall Street to take a step back on buying properties The Fed’s “quantitative tightening” that’s trying to suck money out of the market The fifty most vulnerable housing markets in the US (and why you’ll want to start investing in Arkansas) Record rent growth and how interest rates could exacerbate the situation even more Why new home listings news could pave the way for a second inventory crisis Whether or not to wait or buy real estate even as interest rates rise And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Agent Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Find an Investor Friendly Agent in Your Area Dave’s BiggerPockets Profile Dave’s Instagram Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram Jamil's BiggerPockets Profile Jamil's Instagram Kathy's BiggerPockets Profile Kathy's Instagram Treasury Yields Quantitative Tightening Most Vulnerable Housing Markets Rents Hit Record High New Listing Drop Off Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-38 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 23, 2022

Modular homes don’t have the same market sentiment that traditional housing does. For many people, the thought of building a home in a factory only comes with anxiety. Decades ago, modular homes were built using cheap materials with virtually zero energy efficiency . Now, thanks to companies like Vantem , you can buy modular homes almost indistinguishable from the one built on-site right next door . But, these two home builds operate on a much different budget. To go over all the fine details, Vantem’s CEO, Chris Anderson , joins us in this episode. He started building factory-finished homes after seeing how inefficient the modern-day homebuilding process was. With the help of an expert team, Vantem dramatically reduced not only material but labor costs when building these almost indestructible, massively energy-efficient homes. But modular homes seem to be the gift that keeps on giving. Even with a cheaper sales price , homeowners and landlords can see ridiculous cost savings over the life of their investment, with energy costs hitting rock bottom and environmental efficiency being so high that it’s almost unheard of. Whatever your preconceived notions were about modular homes, prepare to have them changed in this episode. In This Episode We Cover Massive time and cost savings from building modular vs. traditional homes Energy efficiency and why Vantem’s modular homes are net zero almost immediately after manufacturing The evolution of modular homes and why today’s builds beat regular rental properties Why lenders, local government, and insurance companies are so pro-modular home building How factory-built homes stay almost indestructible against natural disasters And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Agent Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Find an Investor Friendly Agent in Your Area Dave’s BiggerPockets Profile Dave’s Instagram Kathy's BiggerPockets Profile Kathy's Instagram BiggerPockets Podcast 593 On The Market Podcast 29 Learn More About Modular Homes Will 3D Printed Houses Solve the US Housing Crisis? What are the Differences Between Manufactured, Modular, and Mobile Homes? Connect with Chris: Chris' website Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-37 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 19, 2022

High interest rates are here. The mainstream media would tell you that it’s time to sit down and have a long sob over the soon-to-be-dead housing market . “It’s over, everyone! No more deals for sale because interest rates are around 6%.” You probably don’t believe such housing market heresy , and the investing experts we’re bringing on today don't either. They’ve been investing throughout the past two decades and have come to a surprising conclusion: today is the easiest time to buy in years! That’s right, the time-tested real estate investing authorities know that even with rising interest rates , some real estate strategies still work, and may even work better thanks to today’s climate. On with us today are Avery Carl , David Greene , Jamil Damji , and Pace Morby , all representing different types of real estate investing. From short-term rentals to BRRRRs, creative financing, and wholesaling, these experts agree that if you’re trying to make money in real estate, there’s no better time than now to start. In a friendly cash flow cage match , we let each strategy-specific expert give the pros and cons of their preferred investing method, as well as how 2022’s rising interest rates, seller fear , and market speculation is affecting them. If you’re sitting on the fence, waiting for the right time to buy, this may be just the episode to push you over to the cash flow -collecting side! In This Episode We Cover The BRRRR method , short-term rentals , wholesaling , and creative finance explained Whether or not rising interest rates are a blessing in disguise for the real estate industry Cash flow “turbochargers” that let you build wealth far faster in real estate The one and only “risk-free” way to start investing that works for any skill level Concerns about each real estate investing strategy and which has the largest downside Real estate leverage and strategies you can use that don’t involve debt And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Agent Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Find an Investor Friendly Agent in Your Area Dave’s BiggerPockets Profile Dave’s Instagram BiggerPockets Podcast 593 On The Market Podcast 29 Books Mentioned in the Show David Greene's Book Collection Short-Term Rental, Long-Term Wealth by Avery Carl Connect with David, Jamil, Avery, & Pace: Avery's BiggerPockets Profile David's BiggerPockets Profile Jamil's BiggerPockets Profile Pace's BiggerPockets Profile Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-36 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 16, 2022

For the past couple of years, new construction homes were the envy of the neighborhood. They had brand new granite countertops, walls without holes, and sometimes a garage door! In 2020 and 2021, homebuyers were happily bidding over asking price just to get a new home, even if that meant missing appliances or garages that couldn’t even close. Now, builders are offering incentives and slashing prices to get buyers through the door. What happened? What comes up must come down, and this rings true in the 2022 housing market. New homes couldn’t be built fast enough last year, but now, builders are trying to liquidate their homes as quickly as possible . But this doesn’t affect us everyday homebuyers—right? Not quite. These price cuts and dwindling demand could feed an even more gruesome economic beast that many of us aren’t prepared for. On this Friday episode of On The Market , Dave is flying solo as he gives us the data and insight behind the new construction market . He also touches on the three economic impacts of this large-scale sell-off. The housing market has been bumpy over the past few months, but it may get even wilder . In This Episode We Cover The new construction vs. existing homes market and how they differ in demand Why homebuyers were willing to pay a premium for new homes but now are sitting silently How a slowing construction market could lead to an even more intense housing supply shortage The US economy and real estate market 's impact from these price cuts Whether or not existing homes will see an uptick in demand as new construction lags And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Agent Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Find an Investor Friendly Agent in Your Area Dave’s BiggerPockets Profile Dave’s Instagram On The Market Podcast 31 Is The Housing Market About to Collapse? What Investors Need to Know National Association of Home Builders Data Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-35 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 12, 2022

Home sales are starting to slump, days on market continue to climb, and price drops are becoming the new norm. Are we on the cusp of a 2008 housing market crash repeat ? Or, are these eerily similar signs of a large-scale sell-off just coincidental, without much backing behind them? The On The Market Team wanted to know exactly how close we are to repeating the same mistakes from fourteen years ago, and whether or not the runup in buying activity over 2020 and 2021 could lead to a lackluster housing market for years to come. We’ve brought our entire panel of experts back on the show so we can get an up-to-date read on everything happening in today’s housing market . With fears of a recession on the horizon, buyers and sellers live in fear of what could happen next. But are these “panicky” investors looking at the full data set that Dave and the rest of the team have been able to dig up? In this episode, we’ll compare four of the most important metrics that could influence today's housing market to 2008 data. These include consumer debt and mortgage quality, defaults and home foreclosures, housing market inventory, and appreciation and growth rates. Are we closer to a housing market apocalypse than we thought or are media outlets using a “crash” as a fear tactic to keep homebuyers out of the loop? In This Episode We Cover August housing market data and whether or not real estate still looks strong Crash vs. correction predictions and which way the market could slide Mortgage quality stats and where modern-day homebuyers stand when compared to 2008 A massive year-over-year increase in foreclosures and how it may hurt the housing market Demographic data that could force first-time homebuyers to get even more desperate Lessons learned from the 2008 crash and what experts and investors warn against And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Agent Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Find an Investor Friendly Agent in Your Area Dave’s BiggerPockets Profile Dave’s Instagram Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram Jamil's BiggerPockets Profile Jamil's Instagram Kathy's BiggerPockets Profile Kathy's Instagram Hear Our Interview About Foreclosures with Rick Sharga Get Redfin’s Up-To-Date Housing Market Data Key Takeaways From the ’08 Recession That Apply Today Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-34 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 9, 2022

It’s a little strange how long it took build-to-rent real estate investing to catch on. For decades, landlords were used to buying older homes , many without renovations, and renting them out to whoever needed housing. This trend has continued up until today as numerous buy-and-hold investors buy homes well past their prime. It seems almost natural to think that building brand new homes would allow you to get the highest rent price , and that’s why so many investors, like Fundrise ’s CEO Ben Miller , are so gung-ho about build-to-rent rentals. Ben Miller knows the housing market /real estate industry inside and out. He’s helped over 350,000 real estate investors passively make profits through Fundrise’s simple and groundbreakingly open investing platform. Any investor, accredited or not, can now get a piece of the pie on a cash-flowing property, even if they don’t have enough money to buy it themselves. Since Ben is at the forefront of this industry, it serves him well to know which areas are trending , how investors can get ahead, and the asset classes most worth investing in . He shares valuable insight on how institutional investors operate, why many active investors still choose to invest with Fundrise, real estate markets with the strongest property potential, and why build-to-rent could deal a serious blow to the multifamily and commercial office industry. In This Episode We Cover How any investor , no matter how much money they have, can start investing in real estate Passive vs. active investors and which are better suited to use Fundrise’s platform Top real estate markets and when the sun belt may start to see a shift in demand Why build-to-rent could pose a threat to multifamily housing Inflation, supply chain issues, and the “shadow real estate industry” no one talks about Buying from big developers as home sales come to a halt and prices drop And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Agent Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Find an Investor Friendly Agent in Your Area Dave’s BiggerPockets Profile Dave’s Instagram James' BiggerPockets Profile James' Instagram Hear Our Interview with the Vice President of Research at the National Multifamily Housing Council Connect with Ben: Ben's Twitter Ben's LinkedIn Ben's Email Ben's BiggerPockets Profile Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-33 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 5, 2022

The housing market , for most people, seems like an unaffordable investment. For years, housing unaffordability was climbing , but not fast enough to keep average Americans from buying primary residences. Now, combine rising interest rates with all-time high appreciation, and the average renter can’t afford a home in most American metros. But how did this all come to be, and is there a chance that home affordability could get even lower than it stands today? We wanted to know how affordability in the United States compared to other similar countries around the world. Although most Americans would call today’s real estate market completely unaffordable, the data seems to point to something different. There are numerous real estate markets around the country boasting low home prices , high rents , and population growth to support any investment decision. But where are these markets? Dave does his best in this episode to give you a quick overview of how affordability works . We also talk about what causes housing markets to become unaffordable , which metro areas are the most and least unaffordable , and how the United States ranks when put head-to-head against other economies. Thankfully, there is some good news for landlords throughout this episode, so be sure to stick to the end! In This Episode We Cover The three factors of an affordable/ unaffordable housing market What caused the United States housing market to become so unaffordable Will unaffordability problems lead to a real estate bubble in the future? The most (and least) affordable countries around the world Whether or not affordability could get even lower as wages stagnate and interest rates rise What investors can do to capitalize on affordable markets with growing populations And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Agent Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Find an Investor Friendly Agent in Your Area Dave’s BiggerPockets Profile Dave’s Instagram Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram Jamil's BiggerPockets Profile Jamil's Instagram Kathy's BiggerPockets Profile Kathy's Instagram Black Knight NAR Housing Affordability Index OECD Demographia International Housing Affordability How Work-From-Home “Hotspots” Drove the Housing Market Even Higher Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-32 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Sep 2, 2022

Home prices are a big part of the housing market . But not as big as interest rates . As the Federal Reserve sets out to “kill the economy” with rising mortgage rates, researchers like John Burns dig through the data to find out what real estate investors can do to take advantage. John isn't a beginner in the real estate space—his consulting company has been doing this type of work for two decades , providing some of the biggest real estate investors with the most up-to-date information . John isn’t optimistic about this housing market. The data he’s been collecting shows that home prices could see dramatic drops over the next couple of years and that the housing supply problem may only get worse. But, he also sees opportunities for investors that could take the place of the appreciation gains we got all too used to. John’s team participates in over nine hundred consulting studies a year , meaning if there’s one person who knows what’s happening in the housing market, it’s probably him. In this episode, we talk about housing market predictions , how flippers got caught, why Ibuyers are less of a threat than most investors think, and what will happen to the housing supply as developers start selling off homes at break-even prices. Are we heading towards a 2008-sized cliff or could this be a small hiccup on the continuous road to real estate appreciation? In This Episode We Cover The new development vs. resale housing marke t and what they say about the economy An unbelievable opportunity for apartment investors as homebuying dries up Housing supply and why builders may not be in the same predicament as in 2008 Ibuyers/institutional investors and why they’re a much smaller threat than most people think The home price “wipeout” that is coming down the pipeline for sellers Why refreshing/remodeling homes could make a profitable comeback this decade And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Agent Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Find an Investor Friendly Agent in Your Area Dave’s BiggerPockets Profile Dave’s Instagram Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram Jamil's BiggerPockets Profile Jamil's Instagram Kathy's BiggerPockets Profile Kathy's Instagram On the Market Podcast 14 with Logan Mohtashami On the Market Podcast 17 with Rick Sharga Connect with John: John's Real Estate Consulting Email John for a Link to The BRRRR/Fix and Flip Survey Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-31 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Aug 29, 2022

Multifamily real estate has been on a tear for the past two years. This is not only thanks to 2020-induced rent growth and price appreciation but also due to simple supply and demand. As millennials, a rent-rather-than-own generation, enter into peak homebuying age, many still choose to rent—instead of buy. This presents a unique opportunity for real estate investors , as multifamily demand skyrockets while inventory can barely keep pace. But rising interest rates are starting to make the housing market look shaky. Is there still a strong demand for multifamily, and if so, how will prices change if financing becomes more expensive while building faces a bottleneck ? We’ve brought on Caitlin Sugrue Walter , Vice President of Research at the National Multifamily Housing Council, to give her take on the multifamily investing situation. Caitlin knows the apartment investing numbers, arguably better than anyone else, and sees some movement on the horizon. She diagnoses exactly what has led to such high demand for apartment rentals , why builders got stuck in developing quicksand, and whether or not rent prices are still poised to increase as we close out 2022. She also hints at the best markets for multifamily investment in the nation and what investors can expect to happen to prices as cap rates begin rising and new interest rates take their toll. In This Episode We Cover The building bottleneck affecting multifamily housing and its opportunity for investors Luxury apartment buildings and why A-class apartments have become the new norm Rent control and why it often hurts the same people it’s trying to protect States with the highest multifamily demand and how large industries affect it Institutional investors, private equity, and other large buyers who are taking on multifamily Work from home ’s retracement and how it may shift occupancy in large cities And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Agent Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Find an Investor Friendly Agent in Your Area Dave’s BiggerPockets Profile Dave’s Instagram Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram Jamil's BiggerPockets Profile Jamil's Instagram Kathy's BiggerPockets Profile Kathy's Instagram How Work-From-Home “Hotspots” Drove the Housing Market Even Higher Learn More About the National Multifamily Housing Council NMHC’s Affordability Toolkit We Are Apartments Connect with Caitlin: Caitlin's Email Caitlin's LinkedIn Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-30 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Aug 26, 2022

Subject to is a strategy that most real estate investors aren’t aware of. It’s often done to buy deals with no money down , surprisingly low interest rates , and without closing costs or any other upfront fees. It sounds almost too good to be true until you understand how subject to works. For the past two years, subject to deals slowly started dying out. Since homeowners had equity in their properties, there was more incentive for them to sell on the market. But, over the past few months, things have changed in a dramatic way . Pace Morby , the internet’s creative financing poster child, has seen subject to deals explode as desperate sellers try to get out of homes they didn’t think they’d be stuck with. This presents the perfect opportunity for investors who don’t have a lot of cash but want to buy real estate as the housing market hits a soft spot. On today’s show, Pace will walk through multiple real-life deals that helped him create six-figure cash flow without any money out of pocket. But Pace isn’t only interested in subject to deals. He’s bought numerous seller-financed properties as wealthy sellers are looking to exit without paying a high agent commission or capital gains taxes. Pace sees serious opportunities in multifamily and commercial real estate . Much of this means that more deals are available for any buyer willing enough to pick up a phone and talk to a seller. The question is: will you place the call? In This Episode We Cover The subject to strategy explained and why 2022 presents a perfect opportunity to try it Creative financing and how to buy properties without using the banks or traditional lending Building six-figure cash flow with no money down and rock-bottom interest rates The pain vs. gain seller and which strategy works better for each seller The antidote to high interest rates and why many sellers are willing to give you a great deal Housing market forecasts and why sellers need to start getting more realistic Why sellers choose to sell via owner financing and subject to strategies And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Agent Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Find an Investor Friendly Agent in Your Area Dave’s BiggerPockets Profile Dave’s Instagram Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram Jamil's BiggerPockets Profile Jamil's Instagram Kathy's BiggerPockets Profile Kathy's Instagram Pace’s Episode on The “BiggerPockets Real Estate Podcast” Subject To Real Estate Explained Book Mentioned in the Show Real Estate by the Numbers by Dave Meyer Connect with Pace: Pace/Yourself – Real Answers with Pace Morby Triple Digit Flip on A&E Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-29 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Aug 22, 2022

Single-family vs. multifamily investing . We can go on this debate for days. Small-time investors favor single-family rentals due to their low barrier to entry and ease of management. Big players and passive investors far prefer multifamily thanks to its scale and ability to bring in some serious cash flow . But, it seems that many multifamily investors have lost their way . For the past two years, buying almost any multifamily property was considered a good investment, but now things are starting to shift . Today we bring you two separate deals, one from Henry Washington and the other from Kathy Fettke . One is a single-family flip, and the other is a “passive” multifamily buy-and-hold. You’ll hear why one of these deals got ditched while the other should fetch a handsome return. This top-level analysis can help you debate future deals , as some properties look far better on paper than in real life. We’ll also touch on the latest inflation news and an update on housing market inventory . One story shows some hope of the economy recovering, while the other could spell troubling times for investors coming up ahead. In the “News vs. Noise” section, you’ll hear exactly why a housing market crash may be delayed a bit longer and how more money could be pumped back into the economy , stimulating sales and boosting buyer activity. In This Episode We Cover Deep dives into two live deals that Henry and Kathy have been presented with The latest inflation numbers and some promising signs of real economic growth Why home listings dropped by double-digit percentages and how this will affect the housing market Real estate syndications and how past successes are putting today’s deals in jeopardy Aggressive underwriting and why every passive investor MUST vet the deal before they invest 1031 funds and using Delaware statutory trusts (DSTs) to limit your tax burden The tell-tale signs of a great rental market in 2022’s changing economy And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Agent Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Find an Investor Friendly Agent in Your Area Dave’s BiggerPockets Profile Dave’s Instagram Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram Jamil's BiggerPockets Profile Jamil's Instagram Kathy's BiggerPockets Profile Kathy's Instagram Our Last Episode on Finding the Perfect Property Market Redfin Reports Newly-Listed Homes Fall Most Since 2020 Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-28 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Aug 19, 2022

Real estate markets are local, not national. When someone says, “ the housing market is about to drop ,” you have to ask, “which housing market?” Every city has different migration patterns, housing market activity, building codes, and inventory. One market in the Midwest could see price jumps while somewhere on the coast sees declines. So, which markets are getting hit hardest in the latest round of price cuts and which are still on their way up? You’ll need to know the different housing market metrics before making a prediction. But you don’t have to look into the data by yourself. You have Dave Meyer by your side! Dave has been looking at a few key markets to uncover which are seeing home price drops and which are seeing appreciation. Traditionally “strong” cities are getting hit the hardest as interest rates rise and inventory comes on the market. Some cities look like they’ll see double-digit price cuts over the next two years, while others that have already seen record price growth will continue to outshine their more well-known coastal counterparts. As an investor, this is the exact type of data you need to know when making housing market decisions . The right market could lead you to financial freedom , while the wrong one could burn your hard-earned capital! In This Episode We Cover The five most important housing market metrics to predict future price trends Why coastal cities are getting hit hard by recent home prices declines Which factors are causing increased prices and which are forcing down declines Looking at long-term and short-term growth rates to forecast prices Why some markets are starting to return to “pre-pandemic” housing market conditions The ongoing affordability crisis and why many homebuyers can’t afford homes in popular markets And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Agent Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Find an Investor Friendly Agent in Your Area Dave’s BiggerPockets Profile Dave’s Instagram Dave’s Housing Market Data Black Knight Moody’s Analytics Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-27 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Aug 15, 2022

Interest rates are dipping below five percent , hedge funds and institutional investors are starting to sell off their homes , and inexperienced syndicators are getting stuck with bad deals. Is this the everyday investor’s version of a miracle? Nope, it’s just another week in the wild 2022 housing market ! Joining us is the entire On The Market panel to talk about which up-to-date, hard-hitting stories affect investors the most . To start, we’ll talk about Invitation Homes , one of the most prominent institutional real estate companies, and how they’re being accused of using unpermitted work to renovate their recent acquisitions. Within the same vein, Opendoor , another institutional investor, was fined a whopping $62M for “deceptive marketing”, but did they really make promises they couldn’t keep? Don’t worry, this isn’t an entirely iBuyer -only episode. Our last two stories cover commercial real estate and interest rates . More commercial deals are starting to see cracks in their literal and figurative foundation, as inexperienced investors are being slapped with higher fees and rates from banks as their properties become less valuable. But, some good news for investors is that mortgage rates have finally dropped below five percent, getting us closer to the rock-bottom rates we were used to in 2020 and 2021. But can these rates be counted on, or will they skyrocket back up once the Fed has had enough? In This Episode We Cover Why hedge funds are hurting and failing to keep up with maintenance on their properties The “ deceptive marketing ” tactic OpenDoor used to lure in new customers How rapid “repricing” is changing the way commercial real estate deals are done Jamil’s $2.5M mistake and why you should always focus on your own area of expertise Low interest rates and why banks are offering them even as the Fed pushes for increases And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Agent Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Find an Investor Friendly Agent in Your Area Dave’s BiggerPockets Profile Dave’s Instagram Henry's BiggerPockets Profile Henry's Instagram James' BiggerPockets Profile James' Instagram Jamil's BiggerPockets Profile Jamil's Instagram Kathy's BiggerPockets Profile Kathy's Instagram Invitation Homes Opendoor Rapid Repricing Interest Rates Hear More About Jamil’s $15M Wholesale Deal Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-26 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Aug 12, 2022

What do work-from-home employees and the housing market have to do with each other? Surprisingly, a lot. At the start of 2020, as the first lockdowns were rolling in, many companies made the wise decision to allow their workers to temporarily work-from-home . As temporary became seemingly eternal, more employers started developing permanent work-from-home regulations , allowing employees to, on average, work at their residence for about half of the workweek. With this enhanced flexibility, employees were more likely to move to places their jobs didn’t confine them to . If they were used to snow and sleet, they may have moved to Arizona , Texas , or Florida . If they were stuck in urban areas like New York City and San Francisco, the more suburban allure of Boise , Denver , or Raleigh pulled them even closer. Now, these high-paid, location-flexible workers were on the hunt for houses. And as a result, home prices skyrocketed while affordability plummeted. It’s becoming more and more evident how much of an impact remote work plays on the housing market , but what can landlords do with this information? Dave has already dug through the research so you don’t have to, and he brings on this show three factors of a work-from-home “hotspot” that could forecast big home price appreciation. These three factors could point you on the path to buying in the nation’s next best real estate market! In This Episode We Cover The latest remote work trends and whether or not working from home is here to stay How work-from-home policies have affected productivity in the workplace The three factors of a work-from-home “hotspot” that could explode in popularity How more remote workers affect the housing market , migration, and home prices Whether or not a recession could end the work-from-home movement and force workers back into the office The real estate markets that are starting to cool after huge home price appreciation And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Agent Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Find an Investor Friendly Agent in Your Area Dave’s BiggerPockets Profile Dave’s Instagram The Do's and Don'ts of Returning to the Office by Adam Grant NBER: Pandemic-Induced Remote Work and Rising House Prices Listen to Our Episode with Redfin’s Taylor Marr Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-25 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Aug 8, 2022

Climate change and real estate . Most people would say that they’re related, but not in a substantial way. We all know that homes can flood , catch fire , or be blown away from a tornado , but how many real estate investors are looking at the climate risk data before making a real estate-related decision ? Institutional investors have been using climate change data to make educated decisions for decades, so why aren’t we doing the same? Cal Inman , lecturer at UC Berkeley and principal over at ClimateCheck , saw that real estate developers were regularly looking at climate data to make decisions. As a small landlord himself, he struggled to find this same type of data for his residential properties . As fire and flooding became more prevalent throughout the United States, Cal knew that this data was imperative for homeowners, not just large-scale investment firms. Now, thanks to ClimateCheck, homeowners, buyers, and sellers can look at the climate change-related risk before they put any money into a property . Cal also shares why and where climate risk is rising, the safer parts of the US to invest in, and how different regions of the country are preparing for more elevated climate-caused catastrophes . If you’re investing on the coasts, in the plains, or anywhere in between, the data could completely change your investing strategy . In This Episode We Cover How real estate developers use climate data to make better investing decisions Whether or not climate risk is rising and in which markets is it impacting the most Why coastal investors especially need to be specific about where they decide to buy What small investors can do to mitigate the risk of losing their properties to climate emergencies The impact climate change will have on US migration and renting/buying trends And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Agent Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Find an Investor Friendly Agent in Your Area Dave’s BiggerPockets Profile Dave’s Instagram Check Your Home’s Climate Related Risk with ClimateCheck Redfin and ClimateCheck’s Guide to Climate Data How Much Risk Does Climate Change Actually Pose To Real Estate? Connect with Cal: ClimateCheck Cal's LinkedIn Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-24 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Aug 5, 2022

The US economy has seen a couple of recessions over the past two decades. The most brutal one being the great recession , which remains an anomalous event. Fast forward twelve or so years, and we entered into the 2020 recession , one of the fastest recessions ever recorded that resulted in a massive run-up of stock, crypto, and real estate prices . Now, as a recession looms on the horizon, Americans are struggling to figure out whether or not we’re about to hit a short-term speed bump or a long-term depression. So many different economists, newscasters, and financial bloggers love to debate whether or not we’re truly in a recession . By definition, we should be, but the experts are slowly taking their time, trying to calculate the true impact of this latest economic cycle we’ve entered. But does being in a recession really matter? Yes, recessions affect almost every aspect of financial life. Labor slows down, consumer prices go up while asset prices drop, and it’s harder to make economic progress. But, is that what we’re experiencing in 2022, or is the term “recession” just propping up fabricated fear that matters far less than we think? In this bonus episode of On The Market, Dave gives his insight into whether or not the US economy has entered a recession , how this affects real estate investors, and why experts can’t agree on a definition. If you’re actively investing, Dave gives some good advice on how to keep your head screwed on straight while every news outlet plays chicken little. In This Episode We Cover Why experts can’t agree on whether or not we’ve entered a recession GDP decline and how inflation has outpaced our growth as an economy How past recessions compare to what we’re going through today and what we can learn from them Mortgage and interest rates and how a further economic decline could affect investors The three most important metrics to watch as a recession becomes more likely The key performance indicators that show economic growth , not decline And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Agent Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Find an Investor Friendly Agent in Your Area Dave’s BiggerPockets Profile Dave’s Instagram On The Market 14 with Logan Mohtashami On The Market 17 with Rick Sharga Our Recent Panel Discussion on Home Prices U.S. GDP Shrinks By 0.9%—White House and Experts Push Back On Recession Claims Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-23 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Aug 1, 2022

Your next property purchase might just be a 3D-printed house . Don’t believe us? With lower housing costs , immediately replaceable/printable parts , and homes that can be built in six months (or less) , traditional real estate developers may find themselves in a pinch when trying to compete against these perfect printable properties. With a huge inventory shortage and housing crisis throughout the United States, 3D-printed homes may just be the ultimate solution nobody believed could happen. As a true believer, Zachary Mannheimer , CEO and founder of Alquist 3D , knew that 3D printed houses would sooner or later become the future. With labor and material costs skyrocketing and real estate development becoming eye-wateringly expensive, Zachary became keen on finding an affordable solution. His team now has plans to build 200+ homes for underserved communities and has already begun expansion across the eastern United States. And this isn’t all theory. Zachary’s team has already built multiple 3D printed homes, one of which has a family living in it. They’re facing an influx of orders and can’t keep up with demand, but are slowly building economies of scale to make 3D printed housing one of the biggest industries in America . Zachary confidently estimates that by 2025, you won’t be asking if 3D printing is possible, you’ll be asking when you can preorder your next property . In This Episode We Cover The true cost of a 3D printed house and how labor and material costs will shrink as the industry expands Project Virginia and how Zachary’s team is building affordable, high-quality housing for communities with rock-bottom inventory How to buy and build a 3D printed home by working with Alquist 3D The new 3D printing industry that will create hundreds of thousands of jobs over the next decade How long it takes to build a 3D printed house and how to print your own materials And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Agent Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Find an Investor Friendly Agent in Your Area Dave’s BiggerPockets Profile Henry's BiggerPockets Profile James' BiggerPockets Profile Jamil's BiggerPockets Profile Kathy's BiggerPockets Profile Dave’s Instagram Henry's Instagram James' Instagram Jamil's Instagram Kathy's Instagram Check Out Zachary on This Month’s BiggerNews Episode Watch 3D Homes Get Printed Connect with Zachary: Zachary’s Team at Alquist Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-22 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Jul 29, 2022

Is some alleviation from inflated home prices headed our way? Over the past two years, sellers have taken the housing market for a ride, getting dozens of offers on every listed house . No matter the condition, area, or age of the property, buyers were filling open houses every weekend just to make an over-asking offer on what should be a reasonably priced house. Now, the tables are starting to turn , and as a result, sellers are getting desperate . Interest rates are rising and buyers are backing out of the market by the dozen. Instead of twenty offers in a weekend, sellers are looking at two, and none of them are over asking price. This is good news for home buyers and great news for investors , as deals are becoming easier to come by while the housing market hysteria takes a breather . We brought the entire On The Market panel in this week to see where they’re finding deals , how their own markets are fairing, and what investors should look for on the horizon as demand steadily starts to slow . We also go into the future of housing inventory and how another inventory crisis could be coming soon . In This Episode We Cover June housing market updates and why the housing market is starting to slow Why fear-first sellers are dramatically lowering their asking prices simply to sell Could we enter into another inventory crisis and why some investors think this dip is only temporary Where to find deals in today’s market and why real estate agents may become a phenomenal deal source for you How flippers and BRRRRers can prepare for housing prices to head back down And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Agent Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Find an Investor Friendly Agent in Your Area Dave’s BiggerPockets Profile Henry's BiggerPockets Profile James' BiggerPockets Profile Jamil's BiggerPockets Profile Kathy's BiggerPockets Profile Dave’s Instagram Henry's Instagram James' Instagram Jamil's Instagram Kathy's Instagram Grab This Episode's Data Drop (Lead Indicator Data for US Housing Markets) Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-21 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Jul 25, 2022

Real estate wholesaling is one of the most hated, commonly criticized, and least-trusted types of real estate investing. Most people paint real estate wholesalers as those who lie to sellers, incorrectly run comps, and try to market bad deals to unexpected investors. This is all said while top real estate investors around the country continue to buy from wholesalers . So what is it? Are real estate wholesalers a parasite to the property investing industry or are they the symbiotic counterpart every successful investor needs? To put it simply, wholesaling real estate is when a wholesaler will put a property under contract for a certain price , then market the property to investors at a higher price, and keep the difference once the property is handed off. Think of wholesalers as the middlemen between a distressed seller and a real estate investor looking for undervalued deals. In a perfect world, all three parties walk away from the transaction happy. But how often does this happen? Jamil Damji, James Dainard, and Henry Washington are on this week to talk about how to wholesale , what most wholesalers get wrong , and whether or not real estate wholesaling still works in 2022. Jamil and James are both active wholesalers, while Henry often buys his properties from wholesalers. They give a “ wholesaling 101 ” course to any new investor looking to find deals as well as to new wholesalers trying to get their seed money started. In This Episode We Cover Whether or not a recession is here and how high interest rates may go in 2022 What is wholesaling and why real estate wholesalers are so hated in the industry Is 2022 a good time to start wholesaling or should investors wait until home prices drop Why wholesaling may be the single best way to get a world-class real estate investing education Which properties to wholesale vs. keep when investing and flipping contracts Vetting your wholesaler and how to know you’re buying a real deal And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Agent Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Find an Investor Friendly Agent in Your Area Dave’s BiggerPockets Profile Henry's BiggerPockets Profile James' BiggerPockets Profile Jamil's BiggerPockets Profile Dave’s Instagram Henry's Instagram James' Instagram Jamil's Instagram Grab This Episode's Data Drop (Questions to Ask Your Wholesaler) The Newbie’s Guide to Wholesaling in 7 Simple Steps The Big Mistake I Used to Make When Qualifying Wholesaling Leads Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-20 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Jul 18, 2022

Does a stock market crash affect real estate? We’ve seen home prices hit record growth over the past two years, with a slight slowdown happening right now. But nothing in the real estate market compares to the stock market selloff that has happened over the past six months. Index funds are down over twenty percent year to date , tech companies are quickly losing valuation, and the stock market doesn’t show any signs of slowing down. Is this an opportunity for real estate investors? Instead of letting landlords try to explain how equities work, we brought on Clay Finck from the Millennial Investing podcast to help educate us on what a good (or bad) buy looks like. Clay has spent years learning about value investing from the best stock trader of all time, Warren Buffett. He’s designed his portfolio to model the trading techniques Buffett engineered and thinks that this latest dip poses some interesting opportunities for investors of any asset class. Clay talks about recession-resistant stock picks , how to know whether a company is under or over-valued, and why stock investing could be a more passive alternative for the stressed-out landlord. We also have our panel of expert guests give their take on the stock market, how real estate investors should invest, and what their own portfolios look like. If you’re heavy on the real estate investing side of things, make sure you listen until the end, as there are some serious stock buying opportunities you may have never thought of. In This Episode We Cover How the Fed influences the stock market through quantitative easing and rate hikes Which stocks win during a recession (and which ones to stay away from) Dividend stocks and how to cash flow without owning any real estate Dollar-cost averaging as a smarter way to invest even as prices fall Whether or not to put your money into the stock market to save for your next deal Why some stock investors are ditching equities to make headache-free gains in real estate And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Agent Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Find an Investor Friendly Agent in Your Area Dave’s BiggerPockets Profile Henry's BiggerPockets Profile James' BiggerPockets Profile Kathy's BiggerPockets Profile Dave’s Instagram Henry's Instagram James' Instagram Kathy's Instagram Grab Your Ticket to BPCon 2022 Which is Better? 145 Years of Real Estate vs. Stocks Get Featured in Our “Crowd Source” Section by Posting on The BiggerPockets Forums “Millennial Investing" Podcast Book Mentioned in the Show Real Estate 101 by Michele Cagan Connect with Clay: Clay's Twitter Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-19 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Jul 15, 2022

Short-term rental investing has been one of the most profitable , fastest-growing types of real estate investing strategies in decades. When the events of 2020 happened, most vacation rental owners thought that their passive income stream had been shut off, only for the exact opposite to happen in a big way. With low interest rates, investors were scooping up short-term rental s every second they could, and their occupancy rates just kept on increasing. But is all of that about to change? We’re back with another bonus episode of On The Market where Dave does a data-first deep dive into what’s happening with the short-term rental market. From occupancy rates to second home sell-offs , and hotels regaining their prestige—everything you wanted to know about vacation rental investing is packaged up for you in this short-term rental recap. Dave also gets into the recession data behind short-term rental investing and why some investors might be calling a quits too quickly. And even with interest rates rising, a buying opportunity may be on the horizon for investors who are fast enough! In This Episode We Cover Whether or not demand has stayed consistent as the economy enters into uncharted territory Hotels vs. hosts and which vacation stay is getting more popular over the next few months How inflation is affecting the average American’s vacation budget and what that means for investors Second-home demand and why so many owners are looking to sell The massive influx of new vacation rentals and the effect it's taking on occupancy And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Agent Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel It’s Not Too Late to Join the Short-Term Rental Investing Game Sign Up For the BiggerPockets Short-Term Rental Bootcamp Access More Short-Term Rental Data with AirDNA Watch Tony Robinson’s Video on Short-Term Rental Investing in 2022 Dave’s BiggerPockets Profile Dave’s Instagram Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-18 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Jul 11, 2022

Will housing prices drop in 2022? There may seem like an obvious answer to this question, “of course with interest rates rising housing prices will drop.” But, that’s not exactly what the data shows, especially when you take into account that 2022 is not a normal housing market by any means. We had high demand, which is starting to cool, but housing prices are still far from affordabl e. And with so many homeowners enjoying huge equity boosts, is there even a possibility that foreclosures could fill the supply gap? Instead of postulating about what will or won’t happen, we brought on an industry expert who can give a data-first decision on which way the housing market will move . Rick Sharga , EVP of Market Intelligence at ATTOM, knows the data. He spends the majority of his waking hours scanning through copious amounts of housing market information so he can give investors and real estate professionals a true, unbiased opinion on what will happen next. Rick goes deep into demand , what’s causing it and whether or not it has been suppressed thanks to interest rate hikes . We also touch on the foreclosure “crisis” that never happened , how forbearance programs worked, and why we’re starting to (finally) see an uptick of foreclosures, many of which could make great investment properties. Lastly, you’ll hear why waiting out the housing market could be a move many investors shouldn’t make. In This Episode We Cover Why interest rate hikes are affecting the housing market faster than we thought The possibility of a housing market crash and what it means for investors Forbearance and foreclosures explained and what makes this market different from 2008 “Emotional equity” and how it could keep home prices high for years to come Buying rental properties at auction and what to know before you make a bid Why waiting for lower homes prices could cost you tens of thousands more And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Agent Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Find an Investor Friendly Agent in Your Area Dave’s BiggerPockets Profile Henry's BiggerPockets Profile James' BiggerPockets Profile Jamil's BiggerPockets Profile Kathy's BiggerPockets Profile Dave’s Instagram Henry's Instagram James' Instagram Jamil's Instagram Kathy's Instagram Grab Your Ticket to BPCon 2022 BiggerPockets Podcast 604 ATTOM Insights for Real Estate Investors Connect with Rick Rick's LinkedIn Rick's Twitter Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-17 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Jul 8, 2022

Everyone wants to know how to invest during a recession . We get it—things aren’t looking too good. Inflation is crossing all-time high territory, your rent is going up and so are interest rates , and many investors are wondering if a stock market crash is on the horizon. It’s normal to be scared, but it’s even smarter to do something while all the other investors are trapped in analysis paralysis. If you do want to invest, what should you do? We’re back with another bonus episode of On The Market where we’re tackling the not-so-simple question, “ should I invest in 2022? ” If you think a bunch of real estate investors are biased, you may be right, but we’d highly encourage you to listen to the very end of this episode, as each guest on our expert panel explains why they’re doing what they’re doing and why you should try it too . Recessions are traditionally when much of the population loses money, but it doesn’t have to be that way for informed investors. A world of opportunity is waiting for you , even if you have no money or experience going into this year. If you take what our expert guests say to heart, there’s a good chance you’ll not only make it out alive in 2022, but you’ll also have a lot more wealth than when you started. In This Episode We Cover July housing market updates and what has happened since the start of the year Is the housing market starting to cool ? And if so, what should investors do? How to start investing NOW and getting a real estate deal in the next thirty days What to do if/when the housing market crashes (and how to profit from it) How to invest in 2022 and whether or not buy-and-hold rentals are still a safe bet The no-cash-needed way to start making money in real estate And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Agent Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Subscribe to The “On The Market” YouTube Channel Data Drop Jamil’s Appraisal Rules Rent vs. Buy vs. House Hack Calculator Find an Investor Friendly Agent in Your Area Dave’s BiggerPockets Profile Henry's BiggerPockets Profile James' BiggerPockets Profile Jamil's BiggerPockets Profile Kathy's BiggerPockets Profile Dave’s Instagram Henry's Instagram James' Instagram Jamil's Instagram Kathy's Instagram Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-16 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Jul 4, 2022

Renting vs buying a house . It’s an easy decision. If you have the option to buy, you should buy. Shouldn’t you? That line of thinking, according to Ken Johnson , real estate economics expert, can cost you a lot of money . His team at Florida Atlantic University, along with other data–first economic experts, have spent a lot of time studying whether or not it makes more sense to rent or buy a home . Ken breaks down how most Americans have gotten the rent vs buy debate all wrong , how renters can beat homeowners to long-term wealth, and which housing conditions lead to better deals. We also bring in our expert panel of guests to get their take on whether or not owning is a smarter choice than renting. You’ll hear multiple opinions on how you can make a more lucrative decision on your first primary residence and whether being a “renter-landlord” makes sense in 2022. Surprisingly, in a time when more people are being forced into renting, Ken describes how “ corporate landlords ” could benefit the housing market, not deteriorate it. If you’re worried about the United States turning into a “ renter nation ”, Ken offers a glimmer of hope on why that may not be the case, and how even if it was, it wouldn’t be a bad thing. In This Episode We Cover Renting vs buying a home and which decision makes the most sense for you in 2022 Which real estate markets are about to see wild price drops in the coming years The housing affordability problem and why renting has become cheaper than owning Whether or not more corporate/ Wall Street landlords is a good thing for renters Subsidizing your mortgage /rent by house hacking or rent hacking How renting and buying rental properties could be a win-win for average Americans And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Agent Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Try The BiggerPockets “Rent or Buy Tool” Big Radius Tool BH&J Buy vs. Rent Index Top 100 Housing Markets Waller, Weeks and Johnson Rental Index Dave’s BiggerPockets Profile Dave’s Instagram Henry's BiggerPockets Profile James' BiggerPockets Profile Jamil's BiggerPockets Profile Henry's Instagram James' Instagram Jamil's Instagram Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-15 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Jun 27, 2022

The housing market is confusing , to say the least. In 2020, at the start of lockdowns, nearly everyone you spoke to had the opinion that the housing market was headed straight for a crash . Not only was this wrong, but it was the opposite of what the data was saying. While mainstream news outlets and “ 2008 crash bros” were painting a picture of foreclosures, price drops, and bottomed-out demand, Logan Mohtashami was singing a far different tune . Logan had been looking diligently at the data (like he does most days over at HousingWire ) and he saw patterns that didn’t at all reflect the last recession. Instead, Logan predicted a runup in prices, hot buyer demand , and very low rates of foreclosures . In a time when almost everyone with a public voice was calling for an apocalyptic housing scene, Logan predicted much differently. Now, two or so years later, we can see just how right he was . We’ve brought this beloved data-first housing market deep diver onto the show to answer some of our most burning questions. Logan hits on how housing inventory got so low , what will force demand back down, why new property taxes are bad news for buyers, and the smartest move an investor can make in 2022 . In This Episode We Cover How to dig ourselves out of the housing inventory hole we’ve created The “ forbearance ” myth that most housing market forecasters missed Why buying a home may be the smartest hedge against inflation of the decade Property taxes and why homeowners should (or shouldn’t) start to worry about them Housing markets to look out for that may see demand drop after huge appreciation pumps Why investors need to look at data “the right way” instead of relying on prominent internet forecasters And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Agent Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Dave’s BiggerPockets Profile Dave’s Instagram Kathy's BiggerPockets Profile Kathy's Instagram Mortgage Applications Decrease in Latest MBA Weekly Survey Nearly 1 in 5 Sellers is Dropping Their Price Get 50% off HousingWire+ Using Code “LoganVIP50" Is The Housing Market About to Collapse? What Investors Need to Know Connect with Logan: Logan's HousingWire Logan's Twitter Logan's Website Logan's Instagram Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-14 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Jun 20, 2022

House flipping , rental property investing , wholesaling , and every other type of real estate investing has had an incredibly profitable run-up over the past two years . Days on market shrunk as buyer demand soared and supply dried up. Flippers, rental property investors, and everyone in between saw profit margins they couldn’t have imagined before. But, now that may all change . Rising interest rates have stopped many would-be homebuyers from making offers, forcing them back into renting instead of sending in over-asking bids . Now, home equity and flipping profits are starting to see a lag, as mortgage applications significantly slow down , showings become far less crowded, and price cuts become the new norm. Are we at the beginning of a real estate recession , and if so, how can we best prepare to still profit during the downturn ? James Dainard , master flipper, investor, and “On The Market” guest, has had to readjust almost every way he analyzes real estate deals . He’s managed to cash in some serious flipping profits over the past two years but understands that this year will be different. He shares exactly how smaller landlords , real estate investors, flippers, and wholesalers can “pad their profits” so they don’t get burnt on their next real estate deal. In This Episode We Cover Why price drops have doubled even though many homes are selling above asking price Seller FOMO ( fear of missing out) and why now may be a great time to find phenomenal deals Why cash flow has reemerged as the most important investing metric for rental property owners The 1% rule and why using it on every property could cost you money Readjusting your expectations as a flipper and how to “pad your profits” the right way Whether or not you should “trade up” your rental properties to protect your portfolio And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Agent Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Dave’s BiggerPockets Profile Dave’s Instagram Mortgage Applications Decrease in Latest MBA Weekly Survey Nearly 1 in 5 Sellers is Dropping Their Price Connect with James: ProjectRE with James Dainard Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-13 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Jun 17, 2022

Inflation and interest rates—two things we rarely talk about when the market is going smoothly. Just this week, the Federal Reserve made some stark moves surrounding interest rates with the hope of cooling down the rampant inflation we’re experiencing. But what exactly is causing all this inflation and are interest rates really going to change anything? Welcome to a bonus “On The Market” update from your favorite data deli nerd, Dave Meyer , who serves you fresh salami and cheese similes and turkey and mayo metaphors so you can know the housing market a bit better. This time, we’re talking about how inflation and interest rates rises could affect the housing market , what’s behind all the madness, and what it means for you, the local homebuyer or real estate investor . The recent updates from the Fed are BIG news, but they shouldn't worry you too much if you know the reasons behind their decisions. Staying ahead of the inflation curve can help put you in a position to build wealth , even when everyone else thinks the sky is falling. In This Episode We Cover Interest rate updates and why the Fed and Jerome Powell are making these drastic decisions Inflation explained and why we’re experiencing such high price surges Supply and demand and how this lopsided duo is hurting the economy What would need to happen before a more normalized market comes about Whether or not an economic recession is around the corner And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Agent Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Connect with Other Investors in the “On The Market” Forums Dave’s BiggerPockets Profile Dave’s Instagram How to Prepare for a Recession Our Inflation Dilemma—What The Fed Won’t Tell You The Fed’s Plan for Future Interest Rates Get Housing Market Data from Redfin Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-12 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Jun 13, 2022

Over the past two years, home prices have looked as if they’re never going to drop. With record-low interest rates , a newly formed remote work culture , and millennials at peak homebuying age, who would have thought that lower home prices would come so soon. Although traditionally affordable areas of the United State are still teetering on “overpriced” status, many high-priced markets are seeing negative population growth , and home prices are getting hit as a result. This is just one of the topics we touch on in our in-depth interview with Redfin’s Deputy Chief Economist, Taylor Marr . Taylor, like our own Dave Meyer, spends his days digging through the most important real estate data around. Whether it’s housing market updates , inflation and interest rate changes, or migration patterns , Taylor is on it long before you read one of his team’s excellent articles. As a key member of one of the leading companies distributing accurate, timely real estate data, he knows the housing market better than almost anyone else . Taylor’s insight is invaluable if you’re looking to migrate to a new part of the nation, invest in a new market , or debate whether or not to sell a property you own. He goes over s upply and demand , how the “lock-in” effect has stalled the housing market, which real estate markets are primed for huge growth , and which could suffer serious financial fallout from a lack of homebuyers, renters, and demand. In This Episode We Cover What caused so many Americans to buy homes in new parts of the country How “cash-rich” homebuyers caused region-specific inflation in their areas The migration patterns to pay attention to when analyzing a real estate market Which cities are primed for rent and home price growth , declines, or stagnation How the “lock-in” effect is prompting more homebuyers to wait out the housing market Why we’ve started to see home sales decline as more homebuyers resort to renting And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Agent Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Stay Up to Date on The Biggest Housing Market Moves Inventory Shortage Could Continue As Interest Rates Rise and Homeowners Feel “Locked-In” What Can U-Haul Rates Tell Us About U.S. Migration Patterns? Connect with Other Investors in the “On The Market” Forums Connect with Dave and Our Panel of Guests Dave’s BiggerPockets Profile Dave’s Instagram Henry’s BiggerPockets Profile Henry's Instagram James’ BiggerPockets Profile James' Instagram Jamil’s BiggerPockets Profile Jamil's Instagram Kathy’s BiggerPockets Profile Kathy's Instagram Connect with Taylor Taylor's LinkedIn Taylor's Twitter Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-11 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page ! Learn more about your ad choices. Visit megaphone.fm/adchoices

Jun 6, 2022

One man knows how to prepare for a recession arguably better than anyone else. He’s been able to build wealth during multiple different economic cycles , not only surviving but thriving in the process. With decades of experience in real estate investing, advising, and mentoring, J Scott , author of Recession-Proof Real Estate Investing , stands as a testament that not everyone gets washed away when an economic tsunami comes crashing down. We spend some time asking J about how we got to the current economic stage we’re in, what the economy looks like today , and how we can prepare ourselves for the future of high interest rates , falling asset prices , and real estate steals of the century. If you’re feeling anxious about investing in 2022, J Scott is the guest you should listen to. For our due diligence portion of the show, we’ll be asking James Dainard, Jamil Damji, and Kathy Fettke all about recession prep and rebalancing your real estate portfolio . While almost everyone in our expert panel has different advice for different investing strategies, they all agree on one thing: there is still plenty of money to be made in the realm of real estate ! In This Episode We Cover Economic cycles explained and why we may be “overdue” for a crash What causes inflation and why it manifests itself in rising interest rates How to prepare for a recession , even if you’re brand new to real estate investing Wholesaling vs. flipping and which strategy will win during economic downturns Whether or not we’ll see home prices drop if a recession hits in the near future How to “rebalance” your real estate portfolio so you don’t catch a falling knife And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Agent Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Seasonally-Adjusted Housing Data with Redfin Grab J’s Book “Recession-Proof Real Estate Investing” and Use Code “MARKETPROOF” at Checkout Connect with Other Investors in the “On The Market” Forums Dave’s BiggerPockets Profile Dave’s Instagram Henry’s BiggerPockets Profile Henry's Instagram James’ BiggerPockets Profile James' Instagram Jamil’s BiggerPockets Profile Jamil's Instagram Kathy’s BiggerPockets Profile Kathy's Instagram Book Mentioned in the Show Recession-Proof Real Estate Investing by J Scott Connect with J Scott J's Website J's BiggerPockets Profile Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-10 Learn more about your ad choices. Visit megaphone.fm/adchoices

May 30, 2022

Home flipping, wholesaling, and BRRRR-ing rental properties are all solid options in the real estate investing space. But, as most experienced investors know, different markets favor different strategies . In some markets, flipping outweighs the risk of renting out a property, while in others, something like the BRRRR strategy is a no-brainer. In 2022, after two years worth of wild appreciation and huge rent raises, which strategy is the best for investors? We couldn’t have this sort of debate without our buy-and-hold expert, Henry Washington, our master house flipper , James Dainard, and our wholesale addict, Jamil Damji. Together, they each bring their own unique outlook on these strategies and give advice on which is the best to use for certain types of deals. Henry, James, and Jamil bring real-life deals to debate , and you’ll hear how experts analyze properties , even with just basic information. If you’ve enjoyed listening to On The Market , we would love it if you gave us your feedback on the On The Market BiggerPockets Forums . Participate in our audience feedback survey or give us your take on the current housing market . Let us know what you think so we can keep making episodes that help you on your investing journey! In This Episode We Cover Whether or not secondary home sales will see a drop off after record purchases How the “Lock-In” effect could cause housing inventory to shrink even more Throwing away a $2.5M wholesale deal to build far greater wealth Wholetailing vs. flipping and how to know which strategy works for which property Whether to BRRRR or flip a property and the long-term effects of your decision Short-term rental sales and whether or not vacation rental occupancy rates will decline And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Agent Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise How the "Lock-in Effect" Will Impact the Housing Market for Decade Demand For Second Homes Is Way Down From Last Year’s Boom Connect with Dave and Our Panel of Guests Dave’s BiggerPockets Profile Dave’s Instagram Henry’s BiggerPockets Profile Henry's Instagram James’ BiggerPockets Profile James' Instagram Jamil’s BiggerPockets Profile Jamil's Instagram Kathy’s BiggerPockets Profile Kathy's Instagram Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-9 Learn more about your ad choices. Visit megaphone.fm/adchoices

May 23, 2022

When we talk about recession indicators , we usually talk about things like housing price drops , mass layoffs , heavy unemployment , and overleveraged consumers. It seems like every time you turn on the news, someone is touting a return of the great recession , without much to back it up. Since the housing market plays such a pivotal role in the economy, we decided to have a housing market recap with our expert investors Henry Washington, James Dainard, and Kathy Fettke, to see if their metrics point to a recession. In a strange time like 2022, almost every real estate investor is starting to get nervous. Home prices continue to rise , and inventory is almost as low as it’s ever been, but at the same time, high interest rates don’t make buying expensive homes attractive anymore. Is there still any juice left to squeeze in this year’s housing market, or are we on a fast track to foreclosures, price cuts, and peak buying opportunities for investors ? In this episode, we’ll touch on it all so you can stay confident in these wild times. Dave and our panel of experts will explore why showings have dropped for new homes , unemployment rate updates, “data traps” you can fall into, how tech stock slumps pose a threat to real estate , and how to adjust your numbers when money costs more. In This Episode We Cover The current housing market supply and demand and what it foreshadows for the future What the “recession indicators” are saying and why it differs from mainstream thought Inflation , employment, and which industry may have layoffs lying around the corner The “lock-in” effect causing most homeowners to hold instead of sell What a “recession” would look like in 2022 and planning for price drops And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Agent Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Lowering Your House Flipping Costs During High-Inflation Times Dave’s Interview with Daren Blomquist on Foreclosures Connect with Dave and Our Panel of Guests Dave’s BiggerPockets Profile Dave’s Instagram Henry’s BiggerPockets Profile James’ BiggerPockets Profile Jamil’s BiggerPockets Profile Kathy’s BiggerPockets Profile Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-8 Learn more about your ad choices. Visit megaphone.fm/adchoices

May 16, 2022

Gas prices, unemployment rates , and home sales have been headlining topics for the past two years. Every other day we’re hearing about a record surge in a certain type of asset, leaving many investors wondering when this market madness will come to an end. To help us understand a bit more about the economic indicators affecting our daily lives, we invited Planet Money and The Indicator ’s Stacey Vanek Smith on the show. Stacey has an enormous presence in the economic podcasting world and has helped pioneer some of the most-listened-to content about what drives and divides our economy. Today, she talks to Dave Meyer and Kathy Fettke about the most important economic indicators that investors should watch out for. Thankfully, she brings news not just about interest rates and inflation —Stacey has some genuinely positive news about the post-pandemic economic recovery. One of the key topics of this show is how work-from-home and remote lifestyles have prompted a “real estate reset” that may potentially even out the United States housing market. If you’re a real estate investor, homeowner, or renter, this information will be crucial for decisions that will affect not only your current life but your future potential to build wealth. If you enjoyed our interview with Stacey, we highly recommend getting her new book Machiavelli for Women: Defend Your Worth, Grow Your Ambition, and Win the Workplace ! In This Episode We Cover How to recover from the “divided economy” we find ourselves in today Is the great resignation here to stay, and if so, what does it mean for home prices ? Unemployment “JOLTS” that affect labor prices and worker supply Why and how energy prices have skyrocketed and the effects that come with it The two most important economic indicators real estate investors should pay attention to The positive economic effects of a worldwide pandemic and global lockdown And So Much More! Links from the Show BiggerPockets Forums BiggerPockets Agent Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Planet Money Podcast The Indicator from Planet Money Planet Money Summer School Connect with Dave and Our Panel of Guests Dave’s BiggerPockets Profile Dave’s Instagram Henry’s BiggerPockets Profile James’ BiggerPockets Profile Jamil’s BiggerPockets Profile Kathy’s BiggerPockets Profile Connect with Stacey Stacey Vanek Smith’s Website Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-7 Learn more about your ad choices. Visit megaphone.fm/adchoices

May 9, 2022

Maybe you wanted to know how to invest in real estate back in early 2020. You took some time to educate yourself by listening to podcasts and reading books. Then you went and got preapproved, found yourself an agent, and were ready to start hitting the pavement, searching for your first real estate deal . While you were on your hunt for profitable houses, the world started to shut down. Everyone was forced inside, the real estate market locked up, and you thought “maybe I should wait this one out.” Now, it’s 2022, and the housing market is arguably the most competitive it has been in decades. You missed your shot, right? Now you can never invest in real estate…or so you think. Dave Meyer, On The Market Host and VP of Data and Analytics at BiggerPockets, is here with Henry Washington, Jamil Damji, and Kathy Fettke to argue that you should still be investing in real estate . Even with rising interest rates , high home prices , and fierce competition, our expert panel agrees: there’s no better time to invest than right now. So, if you’ve been feeling like your passive income dreams are slowly slipping away, we encourage you to not only listen to this episode but take the steps outlined in today’s show. Dave and our panel of expert guests give you everything you need to make a smart, profitable, confident entry into real estate investing . You just need to take the first step. In This Episode We Cover Why home prices continue to rise while stock indexes see year-to-date drops Where rookie real estate investors are getting stuck at the start of their journey Why 2020 is a great year to invest (even if the world is seemingly ending) How to invest in real estate and buy your first rental in 2022 Whether or not that cash-flowing out-of-state deal will truly turn a profit The tips our experts would have given themselves at the start of their investing journey And So Much More! Links from the Show Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Find an Investor-Friendly Agent in Your Area Start Investing with House Hacking Download Jamil’s Free Appraisal Rules Connect with Dave and Our Panel of Guests Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile James' BiggerPockets Profile Jamil's BiggerPockets Profile Kathy's BiggerPockets Profile Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-6 Learn more about your ad choices. Visit megaphone.fm/adchoices

May 2, 2022

Cash flow vs. appreciation has been a fiercely fought debate between many real estate investors for decades. Cash flow investors love to tout the fact that consistent rental property profits allow you a life of freedom, while appreciation investors argue that cash flow doesn’t build wealth , it merely keeps you treading water. There’s arguably no better panel to ask about this topic than America’s best wholesaler, investor, and flipper trio —James Dainard, Jamil Damji, and Kathy Fettke. James, Jamil, and Kathy have a view on the appreciation vs. cash flow topic that most investors don’t possess. All three of these investors have bought, sold, and held real estate before, during, and after the great recession, meaning they aren’t subject to the 2020 and beyond “ hot housing market ” stigma many new investors fall into. They’ve seen what a good, bad, and ugly housing market can look like, and, unsurprisingly, they reach almost the same conclusion. Maybe you’re a new investor, looking to buy in a high-appreciation area like South Beach or a cash-flow crazed, FI-chasing rookie who thinks the Midwest is where it’s at in terms of wealth-building. No matter where you stand on the subject, this episode will give you decades of investing context that should help you make far better returns in the long run. In This Episode We Cover Rent growth, appreciation, and the surprisingly most unaffordable state in the US Cash flow vs. appreciation and which strategy makes sense for which investor stage How to force appreciation so you never have to rely on outside market conditions Why forecasting your market is far superior to trying to time it Whether or not cash flow is too slow of a strategy to build real wealth What happens to appreciation if a housing market recession is on the horizon And So Much More! Links from the Show Join BiggerPockets for FREE On The Market Join the Future of Real Estate Investing with Fundrise Cash Flow vs. Appreciation—What Experienced Investors Know About the Debate That You Don’t What Is Forced Appreciation? Why Cash Flow Beats Out Appreciation in Real Estate Any Day of the Week Connect with Dave and Our Panel of Guests Dave's BiggerPockets Profile Dave's Instagram Henry's BiggerPockets Profile James' BiggerPockets Profile Jamil's BiggerPockets Profile Kathy's BiggerPockets Profile Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-5 Learn more about your ad choices. Visit megaphone.fm/adchoices

Apr 25, 2022

The Fed and interest rates —what one does, the other follows. Over the past two years, we’ve seen interest rates crash to all-time lows , only to skyrocket back up to decade-long highs at the start of this month. This turbulence has swept the legs of many prospective homebuyers and has caused the housing market to go from red-hot to lukewarm in only a matter of weeks. What’s causing these rapid fluctuations and are rising interest rates the new norm? There’s arguably no one better to ask this question than Nick Timiraos , reporter and economic correspondent at The Wall Street Journal . Nick keeps a tight pulse check on The Federal Reserve at all times. In his newest book, Trillion Dollar Triage , he discusses why The Federal Reserve made the shocking moves they did in 2020 , and how their decisions affect every American today. Dave Meyer and James Dainard use today’s interview with Nick as a chance to ask the how, why, and when questions about The Federal Reserve, inflation , interest rates, and the housing market as a whole. Nick discusses the warning messages that The Fed has been sending over the past few months that should give investors an inkling of what is to come in the second half of 2022. If you’re a real estate investor or casual homebuyer, these signals could dramatically shift when and how much you offer on a home . In This Episode We Cover T he main goals of The Federal Reserve and how they change markets to achieve them How the 2008 housing market compares to the 2022 housing market Where The Fed thinks we’re going in 2022 and how interest rates will affect this The biggest factors influencing today’s high inflation rates and when we can expect to see a more normal economy The silver lining behind a slower housing market that real estate investors should pay attention to How investors can increase their chance of investing success in the coming years And more economic obscurities! Links from the Show BiggerPockets Forums The Wall Street Journal On The Market Dave's Instagram Dave's BiggerPockets Profile Jame's BiggerPockets Profile Jame's Instagram Connect with Nick Nick's Twitter Profile Email Nick: Nick.Timiraos@wsj.com Nick's Wall Street Journal Profile Check the full show notes here: https://www.biggerpockets.com/blog/on-the-market-4 Learn more about your ad choices. Visit megaphone.fm/adchoices

Apr 18, 2022

When choosing a 2022 housing market strategy , you’ll need a few key ingredients. Things like job growth, population growth, affordability, and new construction are just a few ways to see whether or not a real estate market will stand the test of time. As the housing market begins to see some stalled demand and we enter into potentially “bubblicious” territory , the smart investor begins looking for the best place to park their money for the long term. Back again for our second episode of On The Market is VP of Data and Analytics at BiggerPockets, Dave Meyer , buy-and-hold addict, Henry Washington , head honcho of wholesaling , Jamil Damji , and our resident Californian, Kathy Fettke . This time, we’ll be touching on the latest data and news claiming that the US is starting to enter into a housing market bubble and how demand has sharply declined since interest rates have begun to rise. We also share our favorite 2022 housing market picks for investing, with some markets you’ve heard of and others you may have never thought to invest in. If you want to get ahead of the curve while dodging the housing market hype, you’re in the right place. In This Episode We Cover Whether or not low unemployment numbers will change the course of the economy in 2022 Why (and how) housing market demand changed and what investors can do to take advantage The Fed’s “housing bubble” alert that has homebuyers stalling to make offers How expert investors research, vet, and pick their real estate investing markets The eight best housing markets of 2022 , plus how to vote for your favorite Why 2022 may be the best time to NOT fly business class And more economic obscurities! Links from the Show BiggerPockets Forums Fundrise Redfin Kathy's Podcast BiggerPockets Data Drop What the Average Homebuyer Can Learn from House-Hungry Investors (Episode) FRED Econominc Data Redfin Migration Report Pfizer Johnson & Johnson Tyson Foods JB Hunt BiggerPockets's Instagram Connect with Dave On The Market Dave's Instagram Dave's BiggerPockets Profile Connect with Henry Henry's Instagram Connect with Kathy Kathy's Company Website Connect with James Jame's BiggerPockets Profile Connect with Jamil Triple Digit Flip Jamil’s Instagram Check the full show notes here: https://biggerpockets.com/blog/on-the-market-3 Learn more about your ad choices. Visit megaphone.fm/adchoices

Apr 11, 2022

The housing market relies on many things: market sentiment, Federal Reserve policy , supply, demand, interest rates , inflation —the list goes on and on. For most homebuyers, it may seem almost impossible to crack the code of when (or if) it makes sense to buy a home or rental property. But, as we’re seeing housing market turbulence, we’re also seeing investor activity skyrocket. What do experienced investors know that we don’t? Joining us for the first episode of On The Market is VP of Data and Analytics at BiggerPockets, Dave Meyer , real estate investing expert Henry Washington , builder, buyer, and landlord, Kathy Fettke , home flipping extraordinaire James Dainard , and arguably the biggest (and best) wholesaler in the United States, Jamil Damji . This week’s episode focuses on 2022 housing market predictions , where each guest gives their take on where the housing market may end up at the closing of this year. We also touch on how to invest in 2022 , updating your investing strategy, whether to wait or invest , and the double-edged sword of debt that can make you rich, or sink your ship. In This Episode We Cover The “professional eater” who’s buying the homes you’re losing out on Our home appreciation , rent price, and inflation predictions for 2022 Pivoting your investing strategy so you can take advantage while others sit on the sidelines Using leverage to build wealth (without losing it all!) How rising salaries are fighting off the negative effects of high(er) interest rates What institutional investors know about the housing market that you don’t And more economic obscurities! Links from the Show BiggerPockets Real Estate Podcast Kailyn's BiggerPockets Profile On The Market Youtube Channel BiggerPockets Forums On The Market Data Drop Connect with Dave On The Market Dave's Instagram Dave's BiggerPockets Profile Connect with Henry Henry's Instagram Connect with Kathy Kathy's Company Website Connect with James Jame's BiggerPockets Profile Connect with Jamil Triple Digit Flip Jamil’s Instagram Check the full show notes here: https://biggerpockets.com/blog/on-the-market-2 Learn more about your ad choices. Visit megaphone.fm/adchoices

Mar 18, 2022

Investing with confidence requires staying informed. But with news sources giving conflicting takes on the economy, it can be hard to sift through the headlines and find the relevant information. Join On the Market , a BiggerPocket’s Podcast, presented by Fundrise, every Monday for a fun, fact-driven glimpse inside the world of real estate, personal finance, and economics. Learn more about your ad choices. Visit megaphone.fm/adchoices